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The Central Bank has allowed another increase in the key rate at the next meeting
The Central Bank of Russia has acknowledged that interest rates will rise again at the regulator's next meeting. Deputy Chairman of the Central Bank of Russia Alexey Zabotkin said this in a conversation with media representatives.
Earlier, the Central Bank decided not to impose restrictions on the full amount of mortgage loans for the purchase of houses or land for banks until March 31, 2025. The central bank said that this would allow financial institutions to calculate interest rates taking into account recent changes, especially key interest rates, and that after the restrictions are lifted, it would be possible to continue to provide loans to the population at high interest rates, while avoiding an increase in house prices.