Russian central bank cuts benchmark interest rate

NAMPA / DPA
2026-06-19
Moscow (dpa-AFX) - The Bank of Russia reduced its benchmark interest rate by a quarter of a basis point on Friday, marking the ninth consecutive cut as inflation stays above the target. The Board of Directors decided to cut the key rate to 14.25% from 14.50%, the Russian central bank said. Markets had anticipated a 50 basis-point reduction. The bank started its massive monetary policy easing in June 2025, when the interest rate stood at 21.00%. T......
Restricted content

Latest NAMPA photos

SWAKOPMUND, 19 June 2026 - Minister of Education, Innovation, Youth, Sport, Arts and Culture Sanet Steenkamp addressing youth delegates gathered at the multipurpose centre in Swakopmund for the third National Youth Council of Namibia general assembly which will take place over the weekend and is anticipated to end in an election for the council’s new leadership. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 19 June 2026 - Minister of Education, Innovation, Youth, Sport, Arts and Culture Sanet Steenkamp addressing youth delegates gathered at the multipurpose centre in Swakopmund for the third National Youth Council of Namibia general assembly which will take place over the weekend and is anticipated to end in an election for the council’s new leadership. (Photo by: Isabel Bento) NAMPA

NAMPA
ACCRA, 18 June 2026 -  President Netumbo Nandi-Ndaitwah speaking at the high-level consultative conference in Accra, Ghana, on the United Nations Resolution on the Transatlantic Slave Trade on Thursday. (Photo: Contributed) NAMPA.

ACCRA, 18 June 2026 - President Netumbo Nandi-Ndaitwah speaking at the high-level consultative conference in Accra, Ghana, on the United Nations Resolution on the Transatlantic Slave Trade on Thursday. (Photo: Contributed) NAMPA.

NAMPA
SWAKOPMUND, 18 June 2026 - Erongo Governor Natalia /Goagoses. 

(Photo contributed) NAMPA

SWAKOPMUND, 18 June 2026 - Erongo Governor Natalia /Goagoses. (Photo contributed) NAMPA

NAMPA
OMATJETE, 16 June 2026 - Erongo Governor Natalia /Goagoses, during the launch of the Roads Authority’s mobile unit, Natis on Wheels. 

(Photo by: Chelva) NAMPA

OMATJETE, 16 June 2026 - Erongo Governor Natalia /Goagoses, during the launch of the Roads Authority’s mobile unit, Natis on Wheels. (Photo by: Chelva) NAMPA

NAMPA
OKAKARARA, 17 June 2026 - The Chief Executive Officer of Okakarara Town Council, Ernst Katjiku speaks on Wednesday evening about his exit from the council before end of this year. (Photo by: Mulisa Simiyasa) NAMPA

OKAKARARA, 17 June 2026 - The Chief Executive Officer of Okakarara Town Council, Ernst Katjiku speaks on Wednesday evening about his exit from the council before end of this year. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA
OKAKARARA, 17 June 2026 - The Chief Executive Officer of Okakarara Town Council, Ernst Katjiku speaks on Wednesday evening about his exit from the council before end of this year. (Photo by: Mulisa Simiyasa) NAMPA

OKAKARARA, 17 June 2026 - The Chief Executive Officer of Okakarara Town Council, Ernst Katjiku speaks on Wednesday evening about his exit from the council before end of this year. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA
SWAKOPMUND, 18 June 2026 - Education officials, school principals, teachers, learners, community leaders and other stakeholders of education attending the Erongo Region Education conference to assess challenges facing the sector. (Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 18 June 2026 - Education officials, school principals, teachers, learners, community leaders and other stakeholders of education attending the Erongo Region Education conference to assess challenges facing the sector. (Photo by: Isabel Bento) NAMPA

NAMPA
WINDHOEK, 17 June 2026 - Prime Minister Elijah Ngurare pictured with Ovaherero Chief Professor Mutjinde Katjiua during a recent meeting in Windhoek. (Photo: Contributed) NAMPA.

WINDHOEK, 17 June 2026 - Prime Minister Elijah Ngurare pictured with Ovaherero Chief Professor Mutjinde Katjiua during a recent meeting in Windhoek. (Photo: Contributed) NAMPA.

NAMPA