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Frozen Deposits in Russia: How Real Is the Risk? How to Protect Your Savings Amid High Interest Rates
... Interest Rates With the Central Bank of Russia raising its key interest rate to 21% and forecasts suggesting it could climb to 23% by December, high deposit rates have become attractive for many Russians. Deposits are widely considered a reliable way to preserve capital. However, rising interest rates have sparked rumors of potential deposit freezes, leaving depositors uneasy. Let’s examine the likelihood of this scenario, its potential consequences, and how you can safeguard your savings. Historical Examples ...
Modified: 11/26/2024Path: Home / Blog
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