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    Home»Ministers»The Bank of Russia made a decision on the key rate
    The Bank of Russia made a decision on the key rate
    Ministers

    The Bank of Russia made a decision on the key rate

    Michael WilsonBy Michael WilsonDecember 16, 2022No Comments1 Min Read
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    Photo: RIA “Novosti”

    The Board of Directors of the Central Bank of the Russian Federation decided not to change the current level of the key rate: it was kept at the level of 7.50% per annum, a correspondent reports. DOPs with reference to the press release of the Central Bank on its site.

    The document also states that the regulator will make subsequent decisions on the level of the key rate, taking into account the actual and expected dynamics of inflation relative to the target, the process of economic restructuring, and also assessing the risks from internal and external conditions and the reaction of financial markets to them.

    Earlier in the Central Bank toldthat the outflow of citizens’ funds in banks slowed down in October.

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