All regions of the country simultaneously – from data migration in all directions September 25 to October 8. According to preliminary information, about 2,500 branches of more than 50 banks plan to take part in it. It will be possible to credit an amount to an account without a commission or exchange coins for banknotes. Banks can issue new 100-ruble banknotes, among other things. As a bonus, people can be offered commemorative coins of the Bank of Russia, for example, “Smeshariki”. We expect that the action will bring a good effect, since it has never been held on such a scale.
More than just the July rate hike will likely be needed
In order to maintain the key rate, factors that are not currently observed must be realized at the next meeting of the Central Bank’s board of directors in September. And, most likely, to achieve the inflation target of 4%, the regulator will need more than one increase. Deputy Chairman of the Central Bank Alexey Zabotkin told Izvestia give businesses a direction to progress about this in an interview.
A decision is made to reduce
The inflation target to 3%, it will take several years to implement it. At the same time, the regulator is thinking about expanding explanatory work on inflation for the population and more america email detailed information for the professional community.
