Russian Central Bank Holds Key Rate at 14%

Russian central bank holds key rate steady ahead of election

In a recent decision, Russia's central bank opted to hold the benchmark interest rate at fourteen percent. Economic challenges have intensified due to heightened price pressures. Furthermore, Ukrainian drone attacks on oil refineries have resulted in fuel scarcity and price hikes. Positive news came from a reduction in the budget deficit, supported by dividend influxes and soaring oil prices.

The main thing is by this hour. The Bank of Russia kept the key rate at 14% per annum, the regulator explained the decision by increasing price pressure and rising steady inflation to 5-6% in annual terms

The main thing by this hourThe Bank of Russia has kept its key rate at 14% per annum.The regulator explained the decision by increasing price pressure and an increase in steady inflation to 5-6% per year.Lukashenko instructed...

Russia Holds Rate For First Time in 15 Months on Inflation Risks

Russia’s central bank held borrowing costs for the first time since June 2025 to contend with inflation risks from fuel disruptions and increasing state spending after political pressure to lower the benchmark eased.