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Russian bank leaves interest rate unchanged
Finance
- 26 October, 2018
- 11:40
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Baku. 26 October. REPORT.AZ/ The Central Bank of Russia has made a decision to leave the interest rate unchanged at 7.5%, Report informs citing RIA Novosti.
In February 2018, Russia reduced interest rate by 0.25 percentage point. In September, the interest rates were increased equally to 7.5%. This measure was taken in connection with sharp depreciation in RUB as a result of international sanctions and risk of increasing inflation.
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