Russian Central Bank

2 articles

Russian Central Bank Cuts Key Rate by 25 Basis Points to 14% as Ukrainian Drones Hit Economy

The Russian Central Bank unexpectedly cut its benchmark interest rate to 14% amid rising fuel prices caused by Ukrainian drone strikes on oil refineries. Consequently, the bank lowered its economic gr

reuters · 2026-07-24 06:29

Russian Central Bank Trims Rate by 25 bps to 14.25% Amid Fuel Supply, Budget Risks

The Russian Central Bank cut its benchmark rate to 14.25%, citing inflation risks from drone attacks on refineries disrupting fuel supplies. Higher petrol prices and budget deficits complicate economi

reuters · 2026-06-19 05:00