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.
key rate
Turkish Central Bank cuts key rate to 42.5%
The Central Bank of Türkiye continues to gradually reduce the key rate in response to the slowdown in inflation.
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%.
Türkiye cuts key rate to 45%
The Central Bank of Türkiye has decided to cut the key rate to 45% during its first meeting in 2025.
Azerbaijani Central Bank keeps refinancing rate unchanged
The Central Bank of Azerbaijan made a decision to leave the refinancing rate unchanged at the level of 7.25%. According to …
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 …
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 …
Türkiye keeps key rate at 50%
The Turkish Central Bank has been keeping the key rate at 50% for eight months now. Until March of this year, it was at 45%.
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.
Armenian Central Bank cuts refinancing rate once again
The board of the Armenian Central Bank has decided to reduce the refinancing rate by 25 basis points to 7.25% per annum, the bank said. …
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.
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.
Armenia reduces key rate
Today, it has been decided to slightly reduce the refinancing rate in Armenia. In this way, the Armenian Central Bank intends to increase the availability of loans and stimulate demand.
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%, …
Turkey's inflation slows to 52%
Turkey's annual inflation slowed to a 13-month low of 51.97% in August, according to the Turkish Statistics Institute (TÜİK). Consumer prices advanced 2.47% month-on-month in August, easing from the 3.23% increase in July, …
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 …
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 …
