Russia CBR Press Conference
Interest rates are set in Russia by the Central Bank of the Russian Federation. The one-week auction repo rate is the official interest rate since September 16th, 2013. Before the refinancing rate was introduced on September 15, 2013, the official interest rate was the refinancing rate, which was regarded as a ceiling for borrowing money as well as a standard for calculating tax payments.
Komunikācijas apskats (RUB)
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84.01007 |
Ziņas (RUB)
Russia Central Bank Cuts Rate By 100 Bps
Russia's central bank slashed its benchmark interest rate for the third time this year as higher lending rates weigh on business activity and damp economic recovery. The Board of Directors of Bank of Russia, governed by Elvira Nabiullina, decided to cut the key interest rate by 100 basis points to 17.00 percent from 18.00 percent.
RTTNews | 1 day ago
Russia Slashes Interest Rates Again On Easing Price Pressures
Russia's central bank lowered the key interest rate massively for a second policy session in a row on Friday after policymakers assessed that inflationary pressures are declining and the economy is on a return to balanced growth.
RTTNews | 50 days ago
Russia Holds Key Interest Rate As Expected
The Bank of Russia left its interest rate unchanged as widely expected on Friday, despite high inflationary pressures. The board of directors, governed by Elvira Nabiullina, maintained the key interest rate at a record high 21.00 percent. The Russian central bank has raised the key interest rate by 1,350 basis points since July 2023.
RTTNews | 141 days ago
