Participants in the Russian financial market expect the key interest rate to rise to 16% after the Bank of Russia’s meeting on December 15. They write about it “News”.
It is stated that the rules for granting privileged mortgages and banking regulations have changed in the country, so loans have been further reduced. Experts state that monetary conditions have tightened not only due to interest rate increases.
11 of 16 market representatives surveyed by the publication expect the interest rate to be increased to 16% after the Central Bank meeting on December 15. Only two lenders surveyed allowed the key interest rate to remain at 15%.
Before that, the head of the Central Bank Elvira Nabiullina said at the plenary session of the VTB Investment Forum “Russia is Calling!” spokethat the abundance of preferential government programs is a “dead end” for the Russian economy.
Previously Mishustin in the name Avoid excessive optimism.