If the key rate of the Russian Bank remains at the same level (21%), it will have no effect on the Ruble exchange rate. In an interview with Riamo reported Analyst Freedom Finance Global Vladimir Chernov.
However, according to him, if the regulator’s decision does not coincide with the analysts’ consensus prognosis, the ruble course may react.
“If the key ratio is increased, the ruble should be gently strengthened and in the event of a decrease, on the contrary, weaken,” he said.
Before that VTB Andrei Kostin President announcedRuble is likely to weaken in the middle or to the end of 2025. According to him, he does not see the reasons for further strengthening the Russian currency.
The senior executive emphasized that the central bank in general is satisfied with the growth of rubles because it helps to reduce inflation. However, the Ministry of Finance is not satisfied with the strengthening of the national currency, as the Ministry of Finance is “unhappy”.
An analyst before saidWhen the Central Bank begins to reduce the key ratio.
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Source: Gazeta
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