Central Bank of Russia lowered its key rate to 14,25 percent

Central Bank of Russia lowered its key rate to 14,25 percent
© Photo: Maria Novoselova/ Vestnik Kavkaza

Russia's Central Bank has cut its key interest rate from 14.5% to 14.25% following a Board of Directors meeting on June 19.

"The Board of Directors of the Bank of Russia decided to reduce the rate by 25 basis points",

the regulator reported.

This marks the ninth consecutive rate cut.

The Central Bank began its gradual easing cycle in June 2025, when the rate stood at 21%.

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