Tag: the key rate of the Central Bank
The Bank of Russia lowered the key rate for the first time to 4.5%
The Board of Directors of the Bank of Russia at the meeting on Friday, 19 June, lowered its key rate to 4.5%, according to a statement the regulator. Such a low level is reached for the first time since then, as the key rate introduced by the Bank of Russia 13 September 2013 as the main indicator of monetary policy.
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