The board of directors of Russia’s Central Bank has raised the key rate from 7.5% to 7.25% amid increasing inflationary risks.
"Changes in external conditions observed since the previous meeting of the board of directors have significantly increased proinflationary risks," the regulator said in a statement.
Previously, the Bank of Russia lifted the key rate almost four years ago - in December 2014.
GMT 17:08 2018 Wednesday ,24 October
"Putin" long-standing benevolent and constructive relations between Russia and ItalyGMT 14:01 2018 Monday ,22 October
"Slovak PM" Anti-Russian sanctions have done serious harm to country’s economyGMT 11:33 2018 Wednesday ,17 October
Moscow will respond to any sanctions on companies participating in reconstruction in SyriaGMT 14:56 2018 Tuesday ,16 October
Putin notes, Central Bank efforts on maintaining stability of financial marketGMT 12:28 2018 Saturday ,13 October
Russia and Egypt ready to take their multifaceted partneship to new level "Lavrov"Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor