key rate

Russia to face record key rate hike as ruble tumbles

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%

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

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 …

Russian Central Bank may increase key rate in October

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 …

Russia raises key rate to 19%

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

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 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 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

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 …