Russian Central Bank

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Negative rate on FX deposits to be set in Russia?

Russia’s central bank is studying the possibility of setting negatives rate on forex deposits, but no decision has been made, the central bank’s financial stability department chief Elizaveta Danilova said at the …

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Russia’s Central Bank cuts key rate to 7%

The board of directors of Russia's Central Bank has cut its key rate today by 25 bp to 7.00% per annum. Commenting on the decision, the regulator's press service said that inflation slowdown is continuing, but inflation …

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Russian Central Bank's cautious rate cuts continue

The board of directors of Russia's Central Bank has cut its key rate today by 25 bp to 7.25% per annum. "Inflation slowdown is continuing. At the same time, inflation expectations remain elevated. Russian economy’s growth …

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Russian cenbank says 50 bps rate cut unlikely in July

The Russian central bank is unlikely to cut its key interest rate by 50 basis points next week as it prefers smaller shifts in its policy, the bank’s head of monetary policy, Alexei Zabotkin, said in an interview published on Thursday, …

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