key rate

Bank of Russia leaves key rate unchanged once again

Bank of Russia leaves key rate unchanged once again

The Bank of Russia has decided to keep the key rate at 16% per annum again. On April 26, 2024, the Bank of Russia Board of Directors decided to keep the key rate at 16% per annum," the statement reads. …

Putin: Key rate to be reduced in Russia

Putin: Key rate to be reduced in Russia

The key rate will decline in Russia, based on economic prerequisites, Vladimir Putin said. Its reduction will also lower interest rates on business loans.

Russia's Central Bank retains key rate at 16% per annum

Russia's Central Bank retains key rate at 16% per annum

The Bank of Russia once again decided to maintain the key rate at 16% per annum at its second meeting in 2024, the regulator said in its press release. "Current inflationary pressures are gradually easing but remain …

Turkey’s central bank raises interest rate to 50%

Turkey’s central bank raises interest rate to 50%

Turkey’s central bank raised its key interest rate, the one-week repo rate, from 45% to 50%, the bank's press service reported, citing the continuing need to counter climbing inflation in the country. …

Putin signals key rate cuts

Putin signals key rate cuts

The Russian Central Bank’s present key rate of 16% is temporary, Russian President Vladimir Putin said, adding that it will change as inflation declines. "The Central Bank’s key rate in its today’s …

Bank of Russia raises key rate at last meeting in 2023

Bank of Russia raises key rate at last meeting in 2023

The board of directors of the Bank of Russia raised its key rate from 15% to 16% per annum at this year’s last meeting, noting that the return of inflation to target in 2024 assume that tight monetary conditions will be maintained in the …

Bank of Russia ready to increase key rate once again

Bank of Russia ready to increase key rate once again

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 …

Bank of Russia may increase key rate again this year

Bank of Russia may increase key rate again this year

The Bank of Russia will be ready to raise the key rate again this year if signs of lasting slowdown of inflation do not appear, central bank chief Elvira Nabiullina said at the press conference after the Board meeting. …

Key rate in Russia rises to 15%

Key rate in Russia rises to 15%

Today, the Central Bank raised the key rate from 13% to 15%. The decision is related to inflationary pressures.

Russian central bank proactively hikes key rate

Russian central bank proactively hikes key rate

Russia's Central Bank decided at its board of directors meeting on Friday to raise its key interest rate by 100 basis points to 13%. The Central Bank said that inflationary pressure in the Russian economy remains high. The …

Turkey's central bank raises key rate to 25%

Turkey's central bank raises key rate to 25%

Turkey’s central bank raised its key interest rate by 7.5 percentage points on August 24, signaling it was willing to follow through on a new commitment to damp inflation through monetary policy. …