... will be able not only to regulate supply and demand in the Russian market, but also to control exchange quotations of currencies, which increases market transparency and protection from external pressure. In addition, the purchase of SPBV will give the Central Bank: Tools for controlling foreign exchange transactions, which will prevent sharp fluctuations in exchange rates; Additional opportunities for implementing financial policies aimed at stabilizing the ruble and supporting the national economy; A sustainable infrastructure for managing currency flows and protecting domestic market participants from external ...

... high key interest rate and the associated increase in borrowing costs. However, the central bank emphasizes that we have not yet reached a credit bubble, as measures have been implemented to curtail further growth. Why Is This Happening? High Interest Rates: The Central Bank raises the key interest rate, making borrowing more expensive. Nevertheless, a significant portion of companies continues to take loans, indicating a reduced sensitivity of businesses to interest rates. Increasing Debt Burden on Companies: Many enterprises ...

... Expected change: +4.6%. Tue sday, December 10 China: Global Trade Data (November) (06:00 MSK) China's export and import statistics reflect the state of global demand and supply. Results will be important for assessing global economic prospects. Australia: Central Bank Rate Decision (06:30 MSK) Markets expect comments on the state of the Australian economy, especially regarding inflation and growth. Any rate changes could significantly affect the Australian dollar exchange rate. Germany: Consumer Price Index (November) ...

... valuable insights into economic activity and may influence the dollar. Investor Recommendations: Investors trading in the euro, Canadian dollar, or real estate-linked assets should monitor these data points closely. Strong inflation figures may lead central banks to adjust interest rates, impacting bond yields, currencies, and inflation-sensitive sectors. Central Bank Speeches Key central bank officials are set to speak today: ECB’s Frank Elderson – Expected to emphasize the importance of stability in the Eurozone and discuss ...

Russian banks have begun to sharply reduce the issuance of credit cards, which has caused a wave of discussions among experts and consumers. In this article, we analyze the reasons for this trend: from high interest rates and Central Bank restrictions to changing consumer preferences. Find out how this will affect the availability of loans, what consequences await the market, and what to expect in the coming months. Why Russian Banks Sharply Reduced Credit Card Issuance in 2024 ...