Russian Central Bank Lowers Key Rate To 14% ...Middle East

Moscow:The Central Bank of Russia announced that it has reduced its key interest rate by 300 basis points to 14 per cent. “With price and financial stability risks no longer on the rise, conditions have allowed for the key rate reduction,” Xinhua news agency quoted the bank as saying on Friday. Recent data has demonstrated […] The post Russian Central Bank Lowers Key Rate To 14% appeared first on Ommcom News.

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