OREANDA-NEWS  The number of individual investors in money market mutual funds on the Moscow Stock Exchange has increased dramatically over the past two months — from 200,000 to more than 300,000. This is stated in the press release of the site.

The average amount of investments in such assets per private investor exceeds 500 thousand rubles, and the total volume of investments has increased tenfold since the beginning of the year, to more than 150 billion rubles.

The Moscow Exchange explained this dynamics by a significant increase in the key rate of the Bank of Russia. Money market funds allow you to get returns comparable to this parameter.

Earlier, Alfa-Bank experts suggested that at the end of December, the key rate could be raised by two percentage points at once, to 17 percent. The previous forecast called for an increase to 16 percent, but the latest inflation data forced expectations to be adjusted towards a more serious tightening of monetary policy.

Last week, a representative of the Moscow Exchange reported that in the third quarter, the site registered 63 attempts at once to speculatively disperse the prices of traded instruments in order to make a profit. At the same time, only 13 such episodes were noticed in the whole of 2022.