Cbanker says no plans to zero key rate in foreseeable future - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Cbanker says no plans to zero key rate in foreseeable future

MOSCOW, Jun 23 (PRIME) -- Russia’s central bank does not plan to zero the key rate in the foreseeable future, Deputy Chairman Alexei Zabotkin said on Tuesday.

“We do not have a zero rate yet. And it seems to me that we will not come to a zero rate in the foreseeable future,” he said.

Earlier in June, the central bank cut the rate by 1 percentage point to 4.5% annually.

End

23.06.2020 11:25