Experts evaluated the possible consequences of the Central Bank of the Russian Federation increasing the interest rate from 13 percent to 15 percent annually; This situation will be reflected in the country’s exchange rate, securities market and real estate sector. This has been reported “News”.
Sergei Rogov, head of the investment management private client department of SberInsurance of Life, emphasized that a decrease in prices of fixed coupon bonds is predicted. According to the media interlocutor, the interest on “long” federal loan bonds will probably increase from 12.5% to 13% annually.
The expert also announced that there will be no changes in the field of shares of Russian companies.
In turn, the director of the federal company “Etazhi” Ildar Khusainov is considering the possibility of increasing the discount on the sale of real estate in the secondary market. Owners of living space will most likely begin to either reduce the price in case of an urgent sale, or wait out the period of high rates by renting out their housing.
Also, Valery Tumin, director of Russia and CIS markets at fam Properties, considers the possibility of the regulator’s decision strengthening the ruble exchange rate relative to foreign currencies.
Dmitry Buivolov, formerly BCS World of Investments analyst didn’t ignore itHe said that next week the dollar exchange rate will be 90-95 rubles.
Formerly Central Bank of the Russian Federation raised key rate up to 15%.