Everyone who has savings in rubles was given until December 20

December 20, 2024 will be a significant date for the Russian economy: the Central Bank plans to increase the main interest rate from 21 to 25 percent. This decision could trigger dramatic changes. Let's analyze the potential results and prepare for the changes ahead.

Key rate: forecasts and their impact

The key rate is increased to control inflation, which is growing due to a number of reasons:

• Increasing the recycling fee for cars – leads to higher prices and increases transportation costs, which affects the level of inflation.
• The upcoming increase in housing and communal services tariffs in 2025 – can lead to a decrease in purchasing power, exacerbating inflation processes and causing social tension.
• Geopolitical instability and imposed sanctions -…