key rate

Russia’s Central Bank pauses key rate cuts

The Board of Directors of the Russian Central Bank decided to keep the key rate at 7.25% per annum, based on the results of its meeting today. "Annual inflation remains low. The April weakening in the ruble against the backdrop of …

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VTB Bank CEO gives cbank’s key rate forecast

The key rate of Russia’s central bank may contract to 6–6.75% annually until the end of 2018, CEO of the VTB bank, Andrei Kostin, said on the sidelines of the World Economic Forum in Davos. "If we …

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Russia’s central bank about key rate in 2018

Russia’s central bank expects inflation in December to be approximately on the same level as in November, but there is a possibility that prices could increase slightly, the head of the analytical department at the central …

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Russia's Central Bank cuts key rate to 7.75%

The board of directors of Russia’s Central Bank cut its key interest rate by 50 basis points to 7.75% from 8.25%. The central bank said it would also consider cutting the key rate next year because inflation had slipped below …

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 Russia's central bank promises key rate of 6%

Russia's Central Bank expects that the key rate will stabilize at 6% after reaching this level in 2019, the deputy director of the Monetary Policy Department of Russia's Central Bank Andrey Lipin said, speaking at …

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Russia’s Central Bank reduces key rate by 3%

The board of directors of Russia’s Central Bank decided to cut the key rate by 25 basis points (which is 3% of the previous rate of 8.25% per annum) at the meeting on October 27. The board said that inflation holds close to 4%. …

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Russia’s Central Bank cuts key rate to 2014 level

Russia’s Central Bank slashed its key interest rate by 0.5 percentage points to 8.5% per annum, the regulator said in a statement on Friday, TASS reports. "On 15 September 2017, the Bank of Russia Board of Directors decided …

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Russia's Central Bank expectedly keeps key rate

The board of directors of Russia’s Central Bank decided to keep the key rate at 9% per annum, the regulator said in a press release. The board of directors noted that inflation remains near the target level, and the recovery …

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Russian Central Bank may take pause in rate cuts

The Bank of Russia may take a pause in further key rate cuts, the Russian Central Bank governor Elvira Nabiullina said. "We are discussing such an option but from our point of view, we need to complete some …

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Russian Central Bank cuts key rate to 9%

The board of directors of Russia’s Central Bank has decided to cut its key interest rate to 9.00% per annum. "The Board notes that inflation is close to the target, inflation expectations keep declining, and economic activity …

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