According to the expert, the Central Bank of the Russian Federation and the Ministry of Finance cannot restore the country’s economy yet.
According to the results of the policy pursued by the Central Bank and the supply of a large number of finished goods from abroad, February 2022 may be marked by the zeroing of the savings of Russians.
In addition, the purchasing power of Russians may fall due to high inflation recorded at the end of 2022.
Economist Mikhail Khazin told the radio station “Moscow Speaks” about this.
The Central Bank of the Russian Federation and the Ministry of Finance, according to him, cannot yet restore the country’s economy, so now they are trying to artificially lower the ruble exchange rate against the dollar and euro.
The expert is sure that the devaluation of the ruble in the current conditions has become the only way to maintain business activity and economic growth, but citizens’ money continues to depreciate, as they have to pay more and more for goods or services.
Khazin noted that if the Russian financial regulator decides to raise the key rate to 17% in February 2022, the process of devaluation of the ruble and depreciation of savings of Russians will continue.
Earlier, topNews wrote that the deposit interest tax may affect bank customers with accounts from 700 thousand rubles.
Experts have explained why this may become possible.