RUB Forex News
Bank Of Russia Hikes Rate By 100 Bps
Russia's central bank raised its benchmark rate by 100 basis points on Friday and maintained a hawkish bias as proinflationary risks are assessed to be substantial and the economy exhibits faster than previously envisaged growth. The board of directors of Bank of Russia, headed by Elvira Nabiullina, decided to lift the key rate by 100 basis points to 16.00 percent.
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147 days ago
Russia Central Bank Adopts Bigger-Than-Expected Rate Hike To Fight Inflation
The Bank of Russia raised its benchmark rate by a bigger-than-expected 200 basis points on Friday as inflationary pressures moved significantly above expectations. The board of directors headed by Elvira Nabiullina decided to lift the key rate to 15.00 percent from 13.00 percent. Markets were anticipating a 100 basis point increase.
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196 days ago
Russia Central Bank Lifts Key Rate By 100 Bps
Russia's central bank delivered another sharp interest rate hike on Friday, citing crystallizing significant proinflationary risks. The board of directors of the Bank of Russia decided to raise the key rate by 100 basis points to 13.00 percent. The outcome of the meeting widely matched the expectations.
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238 days ago
Russia Central Bank Lifts Rate By 350 Bps
The Bank of Russia raised its benchmark rate sharply by 350 basis points at an emergency meeting on Tuesday to contain the depreciation of the ruble and thereby limit the inflationary pressures. The Board of Directors of the Bank of Russia decided to lift the key rate to 12.00 percent from 8.50 percent.
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269 days ago
Russia Hikes Key Interest Rate By 100 Bps
Russia's central bank raised its benchmark rate by a bigger-than-expected 100 basis points on Friday as a weak ruble intensified pro-inflationary risks. The Board of Directors of the Bank of Russia, led by Governor Elvira Nabiullina, decided to raise the key rate by 100 basis points to 8.50 percent.
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294 days ago
Russia Central Bank Signals Rate Hikes Ahead
The Bank of Russia left its key interest rate unchanged again on Friday but the forward guidance turned hawkish in the face of rising inflationary pressures. The Board of Directors of the Bank of Russia, led by Governor Elvira Nabiullina, decided to retain the key interest rate at 7.50 percent.
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336 days ago
Russia Central Bank Holds Rate Steady, Leaves Door Open For Future Hikes
The Bank of Russia left its key interest rate unchanged for the fifth policy session in a row on Friday, but did not rule out the possibility of a rate hike in future as inflation is rising gradually. The Board of Directors, led by Governor Elvira Nabiullina, left the key rate unchanged at 7.50 percent, as expected.
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378 days ago
Russia Central Bank Hints At Rate Hike Ahead
The Bank of Russia decided to keep its key interest rate unchanged for the third straight policy session, but suggested that the policy would be tightened in case of further budget deficit expansion, a fall in the currency exchange rate and the persistent labor shortage that trigger pro-inflation risks. The Board of Directors of the Bank of Russia decided to retain the key rate at 7.50 percent.
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455 days ago
Russia Central Bank Halts Easing
Russia's central bank left its interest rate unchanged on Friday after six consecutive rate cuts as inflation expectations moved higher. The Board of Directors of the Bank of Russia decided to retain the key interest rate at 7.50 percent.
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560 days ago
Russia Lowers Key Rate By 50 Bps
Russia's central bank lowered its key rate by a half-percentage point on Friday, after delivering sharp reductions since April. The Board of Directors of Bank of Russia decided to reduce the benchmark rate by 50 basis points to 7.50 percent from 8.00 percent.
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602 days ago
