... additional macroprudential limits on the issuance of unsecured loans to alleviate the debt burden on the population and stabilize the market. Such measures aim to reduce the level of over-indebtedness and protect the financial system from potential crises. As a result, banks are compelled to tighten lending conditions, reflecting on the volume and availability of credit cards. Changes in Consumer Behavior The challenging economic situation is prompting many Russians to adopt a more cautious approach ...

... citizens and the country's economy. Why does devaluation happen? Devaluation can occur for various reasons. Here are the main ones: Economic instability: When a country experiences economic difficulties, such as high inflation, political or geopolitical crises, the state's foreign exchange reserves can decrease, and the demand for the ruble falls. Low prices for export goods: Russia, as an exporter of oil and gas, is faced with the fact that when prices for these resources fall, the inflow of currency ...

... Expectations: High inflation risks and rising prices for essential goods compel companies to strive for expansion and investments, including through borrowed funds. Why Is Credit Overheating Dangerous? Credit overheating increases the likelihood of financial crises. This situation can lead to a credit bubble— a state where the volume of debt exceeds that which can sustainably be serviced. If the economy encounters further difficulties, companies may become unable to service their loans. This, in turn, can ...

... Instability The intensifying confrontation between the U.S. and China continues to exert pressure on the global economy. Trade barriers and sanctions create additional complexities for international business. At the same time, regional conflicts and migration crises increase uncertainty. Regulatory Changes Many countries are tightening environmental and financial regulations, requiring adjustments to business strategies and investments. For instance, new carbon emissions rules in the EU could impact companies ...

... contemplate risk diversification. During periods of economic downturn and the waning relevance of once-popular investment instruments, choices must be made between yield and reliability. At the same time, it is essential to account for risks. During crises, experienced investors often gravitate toward currencies that may seem exotic and illiquid. For example, the British pound sterling is one of the most conservative currencies that exhibits stability and instills confidence in business leaders. ...