Bank of Russia has decided to keep its key rate at 14%
Confirmed by 2
What the 2 sources said
The Moscow Times
“Russian Central Bank Holds Key Interest Rate Steady”
Policymakers have been weighing inflation risks against the need to lower currently high borrowing costs for businesses and consumers.
Read at The Moscow TimesTASS
“Bank of Russia has decided to keep its key rate at 14%”
The regulator said that current price pressure remains elevated
Read at TASSTASS
“FACTBOX: Bank of Russia holds key rate at 14%”
The Bank of Russia noted that it will make further decisions on the key rate depending on inflation dynamics and inflation expectations
Read at TASSWhat the reports add
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