bank of russia sees factors in favor of raising key rate
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

Bank of Russia sees factors in favor of raising key rate

Arab Today, arab today

Arab Today, arab today Bank of Russia sees factors in favor of raising key rate

Bank of Russia.
Sochi - TASS

Bank of Russia sees a number of factors in favor of raising the key rate, but the decision will be taken by the board of directors of the regulator, head of the Bank of Russia Elvira Nabiullina said on Tuesday.

She was speaking at a press conference as part of the Global Forum of the Alliance for Financial Inclusion.

"Now there are few factors in favor of lowering the key rate. There are many factors, which are in favor of keeping it on the current level and there are some factors prompting us to consider the possibility of raising the key rate," she said.

"We see high volatility on financial markets and not only in Russia but in the world. This is due to external factors. Of course, we will take it into account while taking the decision. Now we see that the inflation is going back to our target slightly faster than we forecast before, in particular and mainly due to external factors," she added.

The fall of the ruble in April and August amid expansions of US sanctions and the decision of the Russian authorities to raise VAT accelerated inflation, which reached 3% on August 27. Last time this rate of price growth was registered in September 2017.

Board of Directors of the Bank of Russia will consider the key rate level at its next meeting on September 14, 2018. Last time, the regulator raised the key rate in December 2014.

Currently, the Bank of Russia’s key rate is 7.25%.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bank of russia sees factors in favor of raising key rate bank of russia sees factors in favor of raising key rate

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bank of russia sees factors in favor of raising key rate bank of russia sees factors in favor of raising key rate

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 10:45 2016 Tuesday ,20 September

Typhoon Malakas slams into Japan

GMT 16:59 2016 Thursday ,08 September

Newton makes landfall again in Mexico after killing 2

GMT 11:58 2014 Monday ,08 December

GCC markets monthly report

GMT 07:02 2017 Saturday ,25 February

Actress Hend Sabry seeks roles diversity

GMT 07:11 2017 Wednesday ,11 January

Boy's head caught in between car window

GMT 12:21 2016 Tuesday ,06 December

Visit Heritage sites in Dubai

GMT 07:53 2017 Friday ,24 November

To Debate Ethics of Euthanasia

GMT 19:58 2016 Thursday ,29 December

Dollar exchange rate stable at key 4 banks

GMT 03:39 2017 Monday ,05 June

Saudi, Bahrain cut ties with Qatar

GMT 18:06 2017 Tuesday ,17 October

Three companies offering to search for MH370

GMT 22:33 2017 Thursday ,30 March

Oil Prices Rise in Asia

GMT 09:12 2017 Wednesday ,29 March

Sudan condemns terror plot

GMT 03:24 2017 Saturday ,05 August

December22nd-January20th

GMT 10:00 2018 Wednesday ,28 November

IOF besiege school in Bethlehem to arrest a student

GMT 18:50 2016 Tuesday ,13 September

Taxi firms raise prices by 50% on Arafat day

GMT 06:50 2018 Sunday ,07 January

John Young, who set records in space

GMT 13:55 2018 Monday ,01 January

Dubai rings in New Year with laser spectacular

GMT 21:00 2016 Monday ,05 September

Turkey sends more tanks into Syria's Raii

GMT 09:50 2014 Friday ,06 June

August 23 - September 21

GMT 07:36 2017 Thursday ,14 December

6,700 Rohingya killed in first month of Myanmar violence

GMT 09:36 2016 Thursday ,02 June

English football clubs surpass £4bn mark
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday