Everyone who has savings in rubles was given until December 20: then it will be too late
- 11:03 December 10
- 0+
- Lena Levitskaya
December 20, 2024 will be an important date for the Russian economy: the Central Bank plans to increase the key rate from 21% to 25%. This will affect the finances of Russians, from deposits to loans and mortgages.
Key Bet: Expectations and Consequences
The rate increase is aimed at combating inflation, which, according to economist Valery Popov, is “getting out of control.” Factors influencing inflation:
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Increase in recycling fees for cars.
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Increase in housing and communal services tariffs in 2025.
Raising the rate will make loans more expensive and reduce the availability of mortgages, but will increase the profitability of bank deposits.
What does this mean for investors?
Depositors should wait until the end of the meeting for banks to offer more favorable rates on deposits. Don't rush into long-term deposits, new conditions…
