Russia's international reserves reach new high
Russia's international reserves have increased, setting a new historical high. As of April 4, they amounted to $658 billion, the Central Bank reports.
Russian Central Bank
Cashless payments share reaches 86% in Russia - Nabiullina
The share of cashless payments in Russia has now reached 86%, according to Governor of the Bank of Russia Elvira Nabiullina. "We are …
Russia's Central Bank expects slowdown in inflation to continue
Weekly inflation data indicate that price growth is continuing to slow, Russia's Central Bank governor Elvira Nabiullina said. …
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 …
Nabiullina: likelihood of key rate hike in future decreases
The Russian Central Bank does not rule out the possibility of raising the key rate if the pace and sustainability of the fall in …
Bank of Russia keeps key rate at 21%
The Bank of Russia has decided to keep the key rate at 21% per annum for the third meeting in a row. "On March 21, 2025, the Bank of Russia Board of Directors decided to keep the key rate at 21% per annum," the …
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 keeps key rate at 21%
The key rate will remain unchanged in Russia. The decision was made by the Central Bank today. Since the end of October, the rate has been kept at 21%.
Bank of Russia keeps key rate at 21% after Putin's criticism
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 …
Russian Central Bank raises exchange rates for tomorrow
The Bank of Russia has published the exchange rates of foreign currencies for tomorrow, raising the dollar and euro rates for the second day in a row.
Russia's Central Bank comments on ruble exchange rate
The Russian Central Bank maintains the floating rate policy but if volatility starts posing threat to financial stability, the regulator has tool to mitigate risks, Deputy Governor of the Bank of Russia Philipp Gabuniya said. The key …
Russia to face record key rate hike as ruble tumbles
In 2024, Russia's key interest rate may be raised by two percentage points to 23%, first deputy CEO of VTB Dmitry Pyanov said. "We forecast it will increase in December to 23% and will be maintained …
Russia's Central Bank announces plans to cut key rate
The Bank of Russia may start lowering its key rate next year provided there are no new shocks, the regulator’s Governor Elvira Nabiullina said at a plenary session in the State Duma. "We believe that our policy …
Novak explains how 21% rate affected inflation
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.
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 …
Aksakov: Key rate may rise to 20%
The Bank of Russia may raise the key rate to 20% to return to 4% inflation.
Cooling-off period should be introduced for loans due to fraudsters
There is an increase in credit fraud in Russia
Russia raises key rate to 19%
According to the decision of the Russian Central Bank's Board of Directors the key rate has been raised from 18% to 19%. In a press release, the Central Bank warns that the rate may be raised again at the next meeting.
Russia's Central Bank analysts raise forecasts for key rate
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%, …
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 …
