Russian Central Bank raises key rate to 7.5% amid rising inflationary risks
The Bank of Russia.
Moscow - TASS
The board of directors of Russia’s Central Bank has raised the key rate from 7.5% to 7.25% amid increasing inflationary risks.
"Changes in external conditions observed since the previous meeting of the board of directors have significantly increased proinflationary risks," the regulator said in a statement.
Previously, the Bank of Russia lifted the key rate almost four years ago - in December 2014.
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