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Russian central bank cuts key rate by 200 bps as inflation subsides
The Russian central bank cut its key interest rate by 200 basis points to 18% on Friday, as expected, and lowered its 2025 inflation forecast to between 6% and 7% from between 7% and 8%, as data showed that inflation was slowing down.
The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...
(Reuters) -Russian truckmaker Kamaz said on Friday it would reduce production and shorten its working week to combat a crisis ...
Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...
Russia’s central bank hiked its main interest rate by 3.5 percentage points to 12% Tuesday after the ruble hit a 17-month low the previous day.
The Russian central bank raised interest rates by 3.5 percentage points Tuesday, its steepest hike in more than a year after the ruble slid past the 100 mark against the U.S. dollar on Monday ...
Russia Raises Interest Rates, ... Russia’s central bank took the unexpected step of raising its benchmark interest rate by a full percentage point, to 8.5 percent from 7.5 percent.
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