Bank of Russia Says Reduces Key Rate to 20% Per Annum for 1st Time Since September 2022

NAMPA / Sputnik

2025-06-06

MOSCOW, June 6 (RIA Novosti) - The Central Bank of Russia said on Friday that it had decided to reduce the key rate to 20% for the first time since September 2022. "On 6 June 2025, the Bank of Russia Board of Directors decided to cut the key rate by 100 basis points to 20.00% per annum," the regulator said in a statement. The Bank of Russia will maintain monetary conditions as tight as necessary to return inflation to the target in 2026, the s......

Restricted content

Latest NAMPA photos

WINDHOEK, 06 June 2025 - Managing Director of Ohorongo Cement, Hans-Wilhelm Schutte (Photo by: Andreas Thomas) NAMPA

NAMPA

WINDHOEK, 06 June 2025 - Namibian Competition Commission CEO Vitalis Ndalikokule. (Photo by: Andreas Thomas) NAMPA

NAMPA

WINDHOEK, 06 June 2025 - The One Economy Foundation received a donation of sanitary pads from Lil-Lets and Premier FMCG at the #BeFree Youth Campus in Windhoek. (Photo by: Justina Shuumbwa) NAMPA

NAMPA

OSHAKATI, 06 June 2025 - Oshakati Mayor Leonard Hango during the tabling of the budget on Friday. (Photo by: Maria David) NAMPA

NAMPA

WINDHOEK, 26 May 2025 - Sinomine Communications Manager, Alina Garises. (Photo: Contributed)

NAMPA

NKURENKURU, 04 June 2025 - The Nkurenkuru Expo Hall in the Kavango West Region. (Photo by: Lylie Joel) NAMPA

NAMPA

NKURENKURU, 04 June 2025 - The Nkurenkuru Expo Hall in the Kavango West Region. (Photo by: Lylie Joel) NAMPA

NAMPA

NKURENKURU, 04 June 2025 - The Nkurenkuru Expo Hall in the Kavango West Region. (Photo by: Lylie Joel) NAMPA

NAMPA