Central Bank of Russia held a meeting – interest rate remained stable

16:41 - 18.12.2020

December 18, Fineko/abc.az. The Central Bank of Russia has conducted a meeting on the changes to interest rates.

ABC.AZ reports that the Bank kept the interest rate at 4.25%. Most economists had expected the rate to remain unchanged.

After the weakening of the ruble has strengthened inflationary pressures, our northern neighbor’s central bank halted the decline in interest rates since September.

 

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