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.
Russian Central Bank
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 …
When mass introduction of digital ruble possible in Russia?
If the digital ruble is successfully tested its mass introduction is possible starting July 2025, Russian Central Bank Governor Elvira Nabiullina said. According to her, if everything goes as they plan further on, pilots will be …
Central Bank rejects Turkish rate scenario for Russia
The Bank of Russia will not follow the Turkish scenario and raise the key rate sharply, the regulator’s governor Elvira …
Russia's economy overheating causes rate increase - Central Bank
Russia's Central Bank still assesses the state of the Russian economy as being substantially overheated, Central Bank Governor Elvira …
Russian Сentral Bank's key rate raised to 18%
The Russian Central Bank has raised its key rate to 18%. Previously, it was 16%. The Central Bank of the Russian Federation warned about the need to tighten monetary policy in June.
Russian Central Bank to revise inflation and key rate forecasts
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 …
Why dollar and euro drop after MOEX ceases trading?
The Bank of Russia set the official dollar rate at 82.6282 rubles for June 20, down 4.41 rubles against the previous indicator. The official euro rate was lowered by 4.21 rubles to 89.0914 rubles. The official yuan rate is fixed at …
Russia's Central Bank may raise key rate to 18% in July
The Russian Central Bank's Board of Directors may consider the same options regarding decisions on the key rate it did in June at its meeting in July, director of the Central Bank's monetary policy department Kirill Tremasov said. …
Central Bank: Russia's economy at peak of overheating
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 …
Russia's Central Bank keeps key rate
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 …
