BUSINESSMOSCOW TIMES
Russian Central Bank Lowers Key Rate From 14.25% to 14%
The Russian Central Bank reduced its key rate from 14.25% to 14%, despite concerns about Ukrainian attacks on oil refineries and commercial sites potentially causing renewed inflation.
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Adjacent reporting
- Russian Central Bank Slashes Key Rate to 14.25%
- NBU Keeps 15% Rate Despite Inflation, Eyes Possible Hike
- Indian central bank holds firm on key rate as rupee suffers historic lows
- Europe’s central bank holds rate steady amid swings in oil prices
- ‘Significant Problems’ in Russian Banking System as Public Withdraws Cash en Masse