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 …
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 …
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, …
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 …
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 …
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 …
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. …
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 …
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 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 …
