Russian Central Bank

 Peak of inflation over in Russia

Russia's annual inflation was 5.3% in March, but it has started to decline in April due to a number of temporary factors restraining price hikes, the Russian Central Bank said in a report today. “Annual inflation has …

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 Russia's Central Bank keeps key rate unchanged

The board of directors of Russia's Central Bank held its key interest rate at 7.75% today in line with market expectations, but said it could consider cutting rates as early as June. "If the situation develops in line with …

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Russian Central Bank gives inflation forecast

Inflation will remain near the 4% target in Russia during 2019, director of the Central Bank's department of monetary policy Alexey Zabotkin said. According to Zabotkin, inflation in Russia has slowed thanks to …

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Sberbank sets Russia's record in dividends

The supervisory board of Russia’s biggest lender Sberbank has recommended paying 361.4 billion rubles ($5.62 billion)   in dividends for 2018, CEO German Gref said. The dividend payment will account …

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Nabiullina: Russia has undergone the peak of inflation

The peak of inflation in Russia, apparently, has already been passed, the Chairman of the Central Bank of Russia, Elvira Nabiullina, said on the margins of the IMF-World Bank Spring Meeting in Washington. "But we cannot state this …

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Central Bank: Russian economy close to balance

According to Russia’s central bank, the situation in the Russian economy is close to balanced, First Deputy Governor Ksenia Yudaeva said. "The situation in the Russian economy is close to balanced and there …

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Russia’s Central Bank keeps key rate at 7.75%

The board of directors of the Bank of Russia decided to keep the key rate at 7.75% per annum, the regulator said in a press release following the board meeting on Friday. "If the situation develops in line with the baseline …

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 Russia’s central bank says when rate can be cut

Russia’s central bank may cut its key interest rate as soon as late 2019 if the economy develops in line with forecasts, the bank’s head of monetary policy department Alexey Zabotkin said. He added that the …

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 Russians's wage growth slows down in January

The annual growth of Russians’ real wages has slowed down to its lowest since mid-2016 in January - 0.2%, due to rising inflation, the Russian Central Bank said in a report. "The annual growth rate of nominal wages continued …

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