Today, on June 7, the Bank of Russia (CBR), despite the prevailing rumors favoring the resumption of the rate hikes, decided to keep the key rate at 16%.
June 7, 2024
1213
According to the Central Bank of Russia, inflation is gradually easing, but remains high.
April 26, 2024
1578
USDRUB exchange rate during trading hours on the Moscow Exchange did not explicitly react to the decision of the Central Bank of Russia (CBR) to keep the key rate at 16% as expected.
March 22, 2024
1123
The Bank of Russia (CBR) expectedly kept the key rate at 16% as Russia’s ruble has become one of the three worst performing global currencies in 2023.
February 16, 2024
1255
The Russian ruble looks stumbled over enlightenment that it excessively strengthened in the previous days, partially playing back and backing off from unrealized expectation of a rate increase by 200 points.
December 15, 2023
1322
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The Central Bank of Russia lifted the key rate by a whopping 200 b.p. to an eye-popping 15%.
October 27, 2023
1277
On MoEx, the U.S. dollar, euro and Chinese yuan gained momentum in losing their strongholds after Russian authorities forced exporters to sell foreign currency proceeds and then released the parameters of relevant regulation.
October 23, 2023
1297
By the end of last week, the ruble began showing instability having apparently lost the opportunity of regaining some strength
October 2, 2023
1353
Today the Bank of Russia raised its key rate by 1 percentage point to 13% per annum, along with its inflation forecast for the end of 2023 to 6-7% against the previous estimate of 5-6.5%.
September 15, 2023
1306
Russian ruble is trading below 80 against USD and close to 87 against EUR – for the first time since April 4, posting around 2.5% daily increase after CBR’s scheduled meeting and Chairwoman Elvira Nabiullina’s comments.
April 28, 2023
1387
May 6, 2024
2977
April 24, 2024
2915
April 12, 2024
2895
