Russia’s Central Bank has decided to keep its key rate at 21% per annum contrary to analysts’ projections, noting though that it will assess the need of raising the rate at the next meeting. "On December …
The results of the increase in the key rate in Russia are already noticeable, Novak shared. The increase in the rate helped to bring down the growing inflation.
The peak of overheating in the Russian economy has been passed, though it is too early to speak about completion of this process, Sberbank CEO German …
Russia's Central Bank analysts have again raised their forecasts for the average key rate in 2024, this time to 17.1% from the 16.8% they were predicting in July. The 2025 forecast rises to 16.1% from 15%, 2026 to 11.5% from 10.6%, …
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 …
The Bank of Russia will not follow the Turkish scenario and raise the key rate sharply, the regulator’s governor Elvira …
Russian Central Bank’s inflation outlook for this year to be revised — advisor to governor The Russian Central Bank’s inflation outlook for this year will obviously be revised, Advisor to the regulator’s …
The Russian economy is currently at the peak of being overheated, head of the Bank of Russia’s monetary policy department Kirill Tremasov said. "I think that the peak of economic overheating is the top point of …
The Russian Central Bank has kept its key rate once again, though it holds open the prospect of increasing it at the upcoming meeting, the bank's press service said. "On 7 June 2024, the Bank of Russia Board of …
According to the Chairmanof Sberbank, the ruble exchange rate will be quite stable in 2024. It is expected that the national currency exchange rate will remain in the range of 90-95 rubles.
The Bank of Russia may shift to reduction of the key rate in the second half of 2024 if inflation continues slowing down stably, the regulator’s Governor Elvira Nabiullina said addressing the State Duma. "If …
Annual inflation in Russia in December 2023 slowed down to 7.42% compared to 7.48% in November. In monthly terms, consumer prices increased by 0.73%, the Russian State Statistics Service (Rosstat) reported. According to …
Russia’s Central Bank will increase the key rate again unless it sees sustainable slowdown of inflation and inflation expectations' cooling, the regulator’s Deputy Governor Olga Polyakova said. "At …
The Bank of Russia has effective tools to reduce inflation to the target of 4%, and will be ready to raise the key rate for this purpose, the regulator’s …
Today, the Central Bank raised the key rate from 13% to 15%. The decision is related to inflationary pressures.
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 does not rule out an additional increase in the key rate in case of stronger pro-inflationary risks, the press service of the regulator said. The …
Inflation in Russia stood at 3.4% as of early July, Russian Prime Minister Mikhail Mishustin said at a meeting with President Vladimir Putin, …
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, …
Inflation rate in the Russian Federation will be about 5% at the end of 2023. This was stated by the President of Russia. He noted that this was a "normal indicator".
