The dollar and the euro collapsed after the increase in the key rate of the Central Bank of the Russian Federation

The dollar and the euro collapsed after the increase in the key rate of the Central Bank of the Russian Federation

At the press conference on the key rate, Elvira Nabiullina wore a brooch with a bow and arrow.

On the eve of the Central Bank raised the key rate to 7.5%.

The head of the Russian financial regulator Elvira Nabiullina announced an increase of 0.75% compared to the previous level.

She noted that the corresponding decision was made due to too high inflation, which reached 7.8%.

The markets immediately reacted to the increase in the key rate: the ruble began to grow sharply. After the publication of information about the key rate, the dollar immediately collapsed by 1.8% to 69 rubles 81 kopecks, falling below 70 rubles for the first time since June 2020.

The euro lost 1.66% and stopped at 81 rubles 30 kopecks, which was the lowest since July 2020.

The media noticed that Elvira Nabiullina came to the press conference on the key rate with a brooch in the form of a bow and arrow.

The dollar and the euro collapsed after the increase in the key rate of the Central Bank of the Russian Federation

By the way, Senator Vasily Ikonnikov is confident that an increase in the key rate will lead to an increase in the cost of loans, as well as to curbing economic activity in Russia.

In an interview with RIA Novosti, he said that he did not welcome the decision of the Central Bank.

He is confident in the need to look for other instruments to curb inflation, pointing to the NWF, whose funds are not being used.

“It is necessary to change the financial and economic policy”, – the member of the Federation Council is sure.

The next meeting of the Bank of Russia on the key rate is scheduled for December 17.

Earlier, topNews wrote that Nabiullina decided the fate of the ruble denomination. The head of the Central Bank commented on the rumors on this topic.

Источник topnews.ru

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