Russia's Central Bank says key rate hike possible
The Russian Central Bank does not rule out raising the key rate if the slowdown in inflation does not proceed at the expected pace, Deputy …
Alexey Zabotkin
Russian Central Bank to consider key rate rise on March 21
The upcoming meeting of the Central Bank will focus on the advisability of raising the key rate, which is currently at a historical maximum in Russia.
Russian Central Bank may increase key rate in October
The Bank of Russia may increase its key rate at the meeting of the board of directors in October, the regulator’s Deputy Governor Alexey Zabotkin said. "We admit the possibility of an increase in the rate at the …
Russia's Central Bank: key rate requires significant change
The balance of arguments on the movement of the key rate has not changed: the Central Bank of Russia's board of directors will in September assess the advisability of raising it at its upcoming meetings, Russia's Central Bank Deputy …
Bank of Russia to maintain tight monetary policy
The Bank of Russia admits maintenance of tight monetary policy throughout 2024 for returning inflation to the targeted level of 4%, the regulator’s Deputy Governor Alexey Zabotkin said. "It will probably be …
Bank of Russia says key rate could well be raised again in month
The Bank of Russia admits an increase in the key rate as early as at the next meeting of its board of directors, the regulator’s …
Russian central bank preparing to hike key rate
Russia's central bank may raise its key interest rate at its July 21 meeting after keeping the cost of borrowing unchanged since September last year, …
Russia's central bank explains ruble’s slide
The recent weakening of the Russian ruble could be attributed to the fall of global oil prices, Deputy Chairman of the Russian Central Bank Aleksey Zabotkin said on Monday. “There is a deterioration in external conditions, a …
Central Bank: strong ruble objectively reflects priority needs of Russian economy
The current level of the ruble exchange rate reflects the priority needs of the Russian economy, Central Bank Deputy Governor Alexei Zabotkin said at the International Forum of the Financial University. "The ruble exchange rate is …
CBR board to reach key rate decision based on economic situation and balance of risks
The Central Bank of Russia's board of directors is taking the pace of inflation and inflation expectations of households business into account and in these conditions it intends to make further decisions on the rate based on the development …
Tougher monetary policy needed to slow inflation in Russia
Russia needs to toughen monetary policy to slow inflation and lower inflation expectations, Central Bank Deputy Governor Alexei Zabotkin said on Wednesday, days after the bank sharply raised the key rate to curb growing prices. …
Central Bank: tight monetary policy to persist in Russia
There are no conditions for a mild monetary policy in the Russian economy so far, head of the monetary policy department Alexei Zabotkin said. "If there is a situation when we see that inflation is sustainably …
Russian Central Bank gives inflation forecast
Inflation will remain near the 4% target in Russia during 2019, director of the Central Bank's department of monetary policy Alexey Zabotkin said. According to Zabotkin, inflation in Russia has slowed thanks to …
Russia’s central bank says when rate can be cut
Russia’s central bank may cut its key interest rate as soon as late 2019 if the economy develops in line with forecasts, the bank’s head of monetary policy department Alexey Zabotkin said. He added that the …
