Yelizaveta Danilova

Debt burden of Russians climb to record-breaking 11.7% by 2021

Debt burden of Russians climb to record-breaking 11.7% by 2021

The debt burden ratio of Russians at the macro-level (DBR, the ratio of all payments under relevant loans to total income of the population) increased to record-breaking 11.7% as of 2021 year-start, according to papers for the presentation of …

Negative rate on FX deposits to be set in Russia?

Negative rate on FX deposits to be set in Russia?

Russia’s central bank is studying the possibility of setting negatives rate on forex deposits, but no decision has been made, the central bank’s financial stability department chief Elizaveta Danilova said at the …