... relatively calmly, without shocking upheavals. The ruble, after a short-term weakening following the July decision of the Bank of Russia, is holding steady around 80 ₽ to $1. The key rate cut by 200 bps (to 18% per annum) had only a moderate impact on the attractiveness of ruble assets: the outflow of foreign speculative funds remains restrained, as the central bank’s decision was largely anticipated and priced in in advance. Moreover, ongoing sales of foreign currency receipts by exporters and cautious ...

... enters the market and grows. However, one must be prepared for potential capital loss, as not all startups achieve success. How Do Pre-IPO and Venture Capital Investments Impact the Russian Economy? In Russia, the pre-IPO market is rapidly developing, attracting new investors and fostering the growth of local companies. Pre-IPO offers large Russian firms the opportunity to raise capital for further growth and access to international markets. Concurrently, venture capital actively supports the startup ...

... should consider that due to the additional reserves, short-term profits of banks might decline. Opportunity for Bond Purchases. Since banks will direct part of their funds towards creating reserves, there may be an increase in the issuance of bonds to attract additional capital. This could create new opportunities for bond investors. Portfolio Diversification. Investors considering the banking sector as part of their portfolio should be prepared for changes in the returns of bank stocks and bonds. ...

... on the market. Cryptocurrency remains property: what does this mean? In Russian legislation, cryptocurrency continues to be classified as property. Transactions with digital assets are not subject to value added tax (VAT). This keeps cryptocurrency attractive to traders and investors. The main focus is on the taxation of income received from such transactions. Personal income tax for individuals: a single base with securities One of the key innovations was the unification of income from cryptocurrency ...

... the adoption of green technologies and adherence to social standards. Investors increasingly consider ESG factors as essential criteria for long-term investments. 3. Alternative Investments Venture capital, private equity, and hedge funds are becoming attractive due to the unstable returns of traditional assets. Demand for infrastructure projects and energy companies related to the transition to clean energy continues to rise. 4. Technology Sector The technology sector remains a focal point due to ...