On December 17, the indicator reached a value of 2.184 points, which is its maximum value since February 2024, when it was 2.269 units. According to information on December 19, the indicator dropped to the level of 2,157 points.
The scale measures the degree to which the Russian financial system is approaching a critical point. ACRA has been calculating the index since 2016, but in the spring of 2022, the agency stopped publishing data after its sharp increase to record levels.
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The calculation of the indicator resumed a year later, and changes were added to its methodology. Now 11 parameters are used to calculate: the difference between corporate bond interest rates, money market and OFZ rates, stock market volatility, inflation rate, exchange rate volatility, and more. The threshold value for the system to enter the critical phase is 2.5 points. According to experts, the devaluation of the national currency, price increases and the difference in rates on the financial market contributed to the increase in December 2024.
We recently reported that the Japanese Tankan "optimism index" showed its maximum value in 3 years.