标题: Impact on loans and deposits [打印本页] 作者: habib121 时间: 2023-4-16 15:14 标题: Impact on loans and deposits In other words, you can buy twice as many goods for the same money unfortunately, this rule only works if inflation is growing only due to the amount of money in russia but if inflation is caused by other reasons, such as sanctions, then the rule will not work
For example, on december , when there was a currency panic, and the ruble was falling at a record pace, the central bank unexpectedly raised the rate from.
This was done so that the country's financial companies to the mobile number list for would stop taking cheap loans from the central bank for the purchase of foreign currency, since while russian banks were earning, the ruble fell lower and lower (see history of the origin of the us dollar the world currency underlying % deals! )
Of course, the central bank has always noted that increasing interest rates is only a temporary measure after the exchange rate of the ruble stops falling, the market calms down, the central bank stops raising the rate and, on the contrary, proceeds to lower it
As mentioned earlier, the central bank can issue loans to financial companies in addition, the main bank can accept deposits from financial companies but let's look at these issues in more detail.
