page 7
The board of directors of Russia's Central Bank has cut its key rate by 25 bp to 7.5% per annum, for the first time since March 2018, the regulator said in a press release. "Annual inflation slowdown is continuing. In May, …
Russia's Central Bank chief Elvira Nabiullina said that the Bank of Russia is ready to consider an opportunity for reduction of the key rate in the short run. "We raised the key rate at the turn of the last …
There is a possibility that Russia’s central bank would lower its key rate in the second quarter of 2019, VTB Chief Executive Andrey Kostin said. He also said that Russia’s second largest lender VTB …
Russian central bank Governor Elvira Nabiullina said that a cut to the key interest rate was still possible in the second or third quarter of 2019. The central bank has continued the policy of diversifying its …
The International Monetary Fund staff team said that easing Russia's monetary policy now appears appropriate. According to them, now it's time to cut the key rate. "Monetary policy has been successful in …
The board of directors of Russia's Central Bank held its key interest rate at 7.75% today in line with market expectations, but said it could consider cutting rates as early as June. "If the situation develops in line with …
The board of directors of the Bank of Russia decided to keep the key rate at 7.75% per annum, the regulator said in a press release following the board meeting on Friday. "If the situation develops in line with the baseline …
Russia’s top bank Sberbank has worsened its forecasts for the ruble’s average annual exchange rate against the U.S. dollar for 2019–2020. The bank worsened the rate for 2019 to 68.5 rubles per U.S. dollar and for 2020 …
The Bank of Russia Board of Directors decided to keep the key rate at 7.75% per annum, the regulator said in a press release. When grounding its decision the regulator noted that in January 2019, annual inflation held at the lower …
The Bank of Russia Board of Directors decided to raise the key rate by 0.25 pp to 7.75% per annum today. The regulator said in a press release that the decision taken is proactive in nature and is aimed at limiting inflation risks that …
The U.S. Federal Reserve left interest rates unchanged and stayed on course to hike in December as strong economic growth, higher tariffs and rising wages look set to spur inflation. The unanimous 9-0 decision left the …
A higher value added tax will add 1 percentage point to Russia’s inflation rate next year and will have a short-term adverse impact on economic growth, Russian central bank governor Elvira Nabiullina said. …
The Board of Directors of the Russian Central Bank has kept the key rate at the level of 7.25% today again. It was the third consecutive board meeting the bank had decided to hold the key rate, citing risks of higher inflation. …
The Board of Directors of the Russian Central Bank has kept the key rate at the level of 7.25%. "The Bank of Russia has reviewed the inflation forecast upwards considering the planned increase of the value added tax in 2019. This …
Inflation dynamics enables the Russian Central Bank to cut further its key rate, the regulator’s First Deputy Chief Ksenia Yudaeva said. "Obviously, the current inflation dynamics allows a reduction," …
Mortgage rates will drop down extremely slowly
The Board of Directors of the Russian Central Bank decided to keep the key rate at 7.25% per annum, based on the results of its meeting today. "Annual inflation remains low. The April weakening in the ruble against the backdrop of …
Russia's Former Finance Minister and head of the Center for Strategic Research Alexei Kudrin believes that the Bank of Russia is unlikely to go on reducing the key rate in the coming 6 months. The current …
The Board of Directors of the Russian Central Bank decided to lower the key rate to 7.25% per annum, based on the results of its meeting today. The regulator noted that the board took the decision to cut the key rate considering that …
The Board of Directors of the Bank of Russia at its first meeting this year decided to lower the key rate by 25 basis points to 7.5%, the regulator said in a press release. The Bank of Russia also noted that annual inflation remains at …
