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The Bank of Russia left the key interest rate unchanged for the fourth policy session in a row, in line with expectations, and hinted at a rate hike in the upcoming meeting.
RTTNews | 9天前
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.
RTTNews | 184天前
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.
RTTNews | 233天前