Chairwoman says central bank sees reasons for key rate rise - 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 says central bank sees reasons for key rate rise

SOCHI, Sep 4 (PRIME) -- The Russian central bank sees factors to raise the key rate at the next meeting of the board of directors on September 14, although there are many factors favoring its maintenance at 7.25%, Chairwoman Elvira Nabiullina said at a press conference on Tuesday.

“Inflation is returning to our target a bit faster than we’ve used to forecast. First of all, due to the external factors, the currency rate dynamics. Inflation expectations grew a little, just a bit, we will also take this into account,” Nabiullina said.

The central bank sees high volatility on global financial markets and will assess the risks.

End

04.09.2018 12:49
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 70.5552 -0.1219 18 jul
USD 62.9451 +0.1322 18 jul
Stock Market Indices
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 220.19 -7.49 18:49 17 jul
lkoh 5206.00 +0.30 18:48 17 jul
rosn 421.10 +0.17 18:47 17 jul
sber 234.63 -0.05 18:49 17 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.4400 +0.0300 14:59 17 jul
USDTD 62.8725 +0.0775 17:44 17 jul