First Deputy CEO of Sberbank: GDP is expected to grow by 1% to 2% in 2025. The Russian ruble is overvalued, and a reasonable exchange rate is expected to be between 90 and 95 per dollar. It is expected that the benchmark interest rate will most likely drop from the current 20% to 17% by the end of this year. Russia's economic growth recovery requires the key interest rate to remain between 12% and 14%.
