The Board of Directors of the Russian Central Bank will consider the question of the key rate level today. Experts suggest that the key rate will remain at 11% in conditions of instability in the financial and foreign exchange markets and increased inflation risks.
The chairperson of Russia’s Central Bank Elvira Nabiullina earlier said that there are risks annual inflation may settle for a long time between 6-7%, which is not acceptable. "6-7% - this is not investment-level inflation," she added.
