The head of the Russian Union of Industrialists and Entrepreneurs spoke about a comfortable indicator of the key business rate in the Russian Federation

The key rate of 13-15% will allow Russian companies to attract resources and will be acceptable for doing business. This was announced on June 19 by Alexander Shokhin, head of the Russian Union of Industrialists and Entrepreneurs (RSPP), in the Izvestia studio at the St. Petersburg International Economic Forum (SPIEF-2025).

"A rate of 13-15% will allow companies to attract resources, and in the case of launching securities on the market through an IPO or secondary placement of shares, to attract money, including the money of the population," he believes.

He added that the optimal figure for the key rate should be unambiguous. At the same time, Shokhin believes that for these measures, the rate should decrease, and at the same time, the interest of the population in order to transfer from a deposit to securities.

"7-8%, at this rate, even infrastructure projects can fly, as they say. But for this, inflation should be 4%, this figure, which the Central Bank is striving for," said the head of the union.

Shokhin added that if inflation is 7-7.5% by the end of this year, then the key rate should be seen at 13-15%.

"The value of the key rate should be less than 10%"

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On June 6, the head of the Central Bank of the Russian Federation, Elvira Nabiullina, said that the establishment of a high key rate in Russia had led to a significant slowdown in inflation. The head of the regulator clarified that the high key interest rates have become one of the main factors in strengthening the ruble.