this is the upper limit of the central bank’s forecast, said deputy chairman of the central bank alexey zabotking to him, the situation with rising prices will begin to unfold in the second quarter of twenty -four, and towards the end of next year it is planned to reach the inflation target of 4%. russia and china increased trade turnover by a third; since the beginning of the year it has exceeded $175 billion. this is data from the china customs administration. by volume. supplies, russia surpassed china by 95.5 billion versus 81. earlier it became known that the share of payments in national currencies between countries exceeded 80%. the internet earned more than 115 billion rubles for the so-called silent people in 9 months. the profitability of pension savings under his management reached 7.3%. the company reported that the income result is ahead of inflation. this was provided mainly defensively. assets including bonds. the vprf works with the savings of about 38 million people. and the russian software developer astra entered the moscow exchange. as part of the ipo, the company placed shar

re starting a press conference with bank of russia chairman elvira nabiulina, deputy chairman alexei zabotkind first the chairman will make a statement following the meeting of the board of directors. please. good afternoon. today we have decided to increase the key rate to 15% per annum. the tightening of monetary policy is already being transmitted to the economy. we see this in the growing attractiveness of savings and a slight cooling in lending. at the same time , the steady expansion of demand increasingly exceeds the possibility of increasing the supply of commodities . as a result, prices are growing faster than we expected; an additional pro-inflationary factor on the forecast horizon is easing of fiscal policy, so greater rigidity of monetary policy is required. our policies will ensure more balanced credit growth, consistent with inflation returning to its target of around 4% next year. let me move on to the arguments for today's decision. first inflation: at a high rate. the september acceleration in inflation significantly exceeded our estimates, and high price pressure continues

commenting on the fact that currency restrictions have expanded, the deputy of the central bank, alexei zabotkin they are burdensome for business, and now they can create new risks. complicate import deliveries and the speed of settlements. the russian stock market rose all day today, and by the end of trading it also rose, indices rose, all this thanks to the fact that oil is now becoming more expensive. g7 financial authorities have announced that almost $300 billion in frozen russian assets will remain frozen until, quote, russia pays for the damage it caused to ukraine. about this is stated in the joint statement. russia's relations with ukraine are called in the statement, quote: illegal and unjustified. in addition, the g7 promises to study how excess profits of private companies received from frozen russian assets can be used to support ukraine. in the g7 countries and the european union, there is now a special group, which is called for short. it is she who is looking for russian assets that fall under. in this way, it has now been possible to freeze 280 billion russian dollars. assets t