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Cash withdrawals are prohibited: it has been announced whose money will be “zeroed out” in the near future
There are clear signs in the official rhetoric of the Russian Central Bank that monetary policy will be tightened even further, at least in the coming months.
Experts in the field of financial knowledge spoke about this, DEITA.RU reports.
According to experts, at the last meeting of the year, the regulator's leaders are expected to raise interest rates once again. This step is due to the need to continue to combat the growth of inflation, which has not stopped yet, despite all the efforts of the state monetary authorities, writes RBC.
If this happens, it will become even more unprofitable for Russians to withdraw money from bank deposits. As analysts note, even now, when inflation exceeds 8% per year, citizens need to protect their savings from depreciation of deposits.
Given that the central bank will likely be fighting inflation for at least several months, the most advantageous strategy for Russians is to avoid using cash as much as possible and put as much money as possible into bank deposits.
However, people who, for one reason or another, withdraw part of their savings from their accounts risk “zeroing out” their cash reserves due to high inflation, which, according to many experts, could exceed 7.5% by the end of the year.