Russian central bank hikes rates by 100 bp to 13% Rates to stay high for "quite a long time" - Nabiullina Raises 2023 inflation forecast to 6-7%, above 4% target Bank warns tightening labour ...

During the years of the pandemic, the central bank's policy rate was just 0.25% most of the time and never topped 1.75%. It is now at a 22-year high of 5.0%. Sign up here. At a time of higher ...

Source: Bank of Russia By The New York Times By Ivan Nechepurenko Russia’s central bank on Friday increased its key interest rate by 1 percentage point, to 16 percent, as it continued to battle ...