The Russian Central Bank left the refinancing rate unchanged at 8.25%
and raised the rate for deposit operations by 0.25%, reaching 3.5%, as
analysts had expected, the bank’s department for foreign and public
links said.
The decisions will preserve the balance between risks of inflationary
pressure and slowing the economic growth rate for the next few months.
The Russian Bank has been harshening its monetary and credit policy
since December 2010, after 6 months of stabilization.
