Chairwoman: Central bank can do without key rate hike so far - 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

Chairwoman: Central bank can do without key rate hike so far

ST. PETERSBURG, Jun 7 (PRIME) -- RussiaТs central bank can so far do without raising the key rate, and its slower decline is possible, Chairwoman Elvira Nabiullina said at a congress on Thursday.

УDespite the rate reductions that have taken place, our policy remains moderately tight, thatТs why we have some room Ц we can so far do without increasing the rate. We can lower the rate at a slower pace if necessary. But we do not see such risks of a rate hike so far,Ф she said.

In late April, the regulator kept the key rate unchanged at 7.25%, while the next meeting on the issue is scheduled for June 15.


07.06.2018 14:03
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 71.9232 -0.3208 20 apr
USD 63.9602 -0.1086 20 apr
Stock Market Indices
1D 1W 1M 1Y
rtsi 1260.82 -0.12 18:50 19 apr
micex 2563.90 +0.12 18:50 19 apr
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 162.57 +0.48 18:49 19 apr
lkoh 5602.00 -0.14 18:48 19 apr
rosn 432.00 -0.84 18:49 19 apr
sber 232.60 -0.08 18:49 19 apr
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 71.9125 -0.2875 14:59 19 apr
USDTD 64.0125 +0.0400 17:44 19 apr