... lower rates to support exports and domestic production. 5. Global Market Conditions The Central Bank also considers the situation on global financial markets. Global economic crises, instability in stock markets, and sharp fluctuations in prices of oil, gold, or other commodities can compel the Central Bank to adjust the key rate. For instance, during a global crisis, lowering the rate can support the national economy, while during periods of external stability and growth, the Central Bank may raise rates to contain inflation and stabilize the domestic market. 6. Actions of Other Central Banks The actions of the largest central banks in the world, such as the US Federal Reserve and the European Central ...

... continues to be the most liquid and widely used currency. The U.S. also possesses a powerful economy that supports the dollar's stability. However, if the global financial system gradually begins to orient itself toward alternative currencies and bilateral ... ... in rubles and yuan, reducing the dollar's share in their mutual transactions. Commentary by Sergey Tereshkin, Founder of Open Oil Market Sergey Tereshkin, Founder of Open Oil Market : “Vladimir Putin’s statements regarding the dollar and the BRICS ...

... problem can only be solved by significantly increasing the standards for selling gasoline through the exchange. Gasoline Prices Are Rising Again in Russia Fuel producers are passing on their costs to consumers, while regulators discuss various ways to stabilize the situation, including extending the export ban. However, Sergey Tereshkin, CEO of Open Oil Market, believes the problem can only be solved by significantly increasing the quotas for gasoline sales through exchanges. Four Factors Driving Price Increases The main reason for rising gasoline prices is the reduction in fuel production. According ...

... wholesale prices have decreased by 2–3%, which contributes to further stabilization," the experts conclude. "Retail margins on AI-95 gasoline will be close to zero until the end of this year," says Sergey Tereshkin, CEO of the Open Oil Market petroleum marketplace. Unlike AI-92, AI-95 is not considered in the calculation of payments under the damper (a budget subsidy mechanism for refineries to stabilize fuel prices), which makes its exchange prices significantly higher. As a result, by September 10, they were almost 15% higher than AI-92. "In the fall and early winter, the price difference may reach 30%: oil companies need to compensate ...

... Central Bank can slightly increase the key rate to avoid overheating the economy. This helps control inflation and maintain price stability. During a crisis. In an economic crisis or recession (for example, after a pandemic), the Central Bank often reduces ... ... inflation, employment and other factors to decide whether to raise, lower or maintain the rate. My position as the founder of Open Oil Market For businesses, especially for companies engaged in commodity markets, like Open Oil Market, the key rate affects many ...