Russian central bank may raise discount rate – Forecasts

11:43 - 28.10.2022


October 28, Fineko/abc.az. By the end of 2022, the Central Bank of Russia may keep the discount rate at 7.5% per annum or increase it to 7.75%.

The first option is most likely, ABC.AZ reports with reference to the Russian press.

The regulator will also not change the exchange rate next Friday, and then may gradually increase it until the end of 2022 and until 2023.

These scenarios of development of the situation with the main indicator of monetary policy are reflected in the forecast of the National Rating Agency. Experts supported the implementation of the first scenario.

The National Rating Agency believes that the exchange rate is likely to remain at this level, which implies the basic scenario of analysts.

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