Maximal Ruble Deposit Rate Holds at 12.97% in Early June
The rate was at the level of 13.04 per annum in mid-May and 12.97% in late May accordingly
The highest interest rate offered on ruble-denominated deposits remained unchanged at 12.97% in early June. This rate is a slight decrease from the 13.04% observed in mid-May. By the end of May, the rate had already settled at 12.97%.
This indicates a stable, albeit slightly lower, return for savers on ruble deposits, potentially influencing consumer spending and investment decisions.
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