The Central Bank of Russia will leave the interest rate at 12 percent in the coming months RIA News With reference to SberCIB analytics.
“In our base scenario, we expect the Central Bank to keep the interest rate at 12 percent in the coming months. The current value is already high enough not to raise the rate further (from 2015 to 2023 the key interest rate was below 90% of the current level), but there is no talk of lowering it either,” the study states.
Analysts suggest that the interest rate increase can only occur if the ruble/dollar exchange rate consolidates above 100 in the coming days.
Vasiliev, formerly an analyst guess Increasing the key rate of the Bank of Russia to 14%.
At its extraordinary meeting on August 15, the Central Bank increased the interest rate by 350 basis points to 12% annually. At the conference “10 years of the Megaregulator: yesterday, today, tomorrow”, held on September 1, Nabiullina announced that the Central Bank can reduce interest rates only if inflation decreases.
Trifonov, formerly an analyst stated socialbites.ca does not expect a significant increase in the key rate.