We have described the areas that may be affected by changes in the KS. Next, we will tell you in detail what an ordinary Russian should expect when this percentage increases or decreases.
When the Central Bank of the Russian Federation increases the KA, people begin to take out fewer loans and spend less money. This is due to the following processes:
due to the increase in the KS, interest rates on loans, including mortgages, are growing. This means that it is difficult for people to make large purchases. Many decide to refuse a mortgage, even if they have long planned to take it out. This is due to the fact that with a high KS, the level of overpayments becomes too high, because the loan term can reach 30 years;
purchasing power decreases. Since loans are expensive, people qatar mobile database begin to save more. This means that many limit their purchases to food and essential goods - clothing, medicines and some others.
As demand for goods and services falls, supply begins to outpace it, and stable prices are established on the market. But for full stabilization, one change in the KS is not enough. A really powerful influx of investments is needed for the situation to consolidate. After that, the KS can be lowered so that loans become available for domestic business again.
All this means that a high interest rate on loans is always a temporary phenomenon, because without loans, a market economy cannot develop normally. At such moments, the national currency rate rises, but after the KS decreases, it is likely to go down. To save and increase savings, people open deposits in rubles or buy foreign currency. It can also be put on deposit, but at a significantly lower interest rate.
A potential negative consequence of increasing the KS is an increase in the amount of penalties for housing and communal services debts and late payment of taxes. We have already indicated above that the amount of the penalty is tied to the KS (SR) and is 1/300 per day.
At the same time, bank deposits become profitable. In addition to good interest rates, the increase in the KS can have another positive effect on depositors - a reduction in taxes. If the deposit amount is from 1.3 million ₽, you must pay income tax of 13% on such income. At the same time, there is a non-taxable base, which depends on the KS of the Central Bank. It is calculated using the formula.