russias central bank cuts key rate to 925 from 975
Last Updated : GMT 01:59:58
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Last Updated : GMT 01:59:58
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Russia's central bank cuts key rate to 9.25% from 9.75%

Arab Today, arab today

Arab Today, arab today Russia's central bank cuts key rate to 9.25% from 9.75%

Russia's central bank
Moscow - Arab Today

Russia's central bank on Friday cut its key rate to 9.25 percent from 9.75 percent as authorities try to breathe more life into the country's economic recovery on the back of lower inflation. 
"The Bank of Russia Board of Directors decided to reduce the key rate to 9.25% per annum," the bank said in a statement, explaining that "inflation is moving towards the target, inflation expectations are still declining and economic activity is recovering."

 

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russias central bank cuts key rate to 925 from 975 russias central bank cuts key rate to 925 from 975

 



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russias central bank cuts key rate to 925 from 975 russias central bank cuts key rate to 925 from 975

 



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