Home World News Russia’s Rate Cut at 17% Could Boost Investments and Growth – RDIF...

Russia’s Rate Cut at 17% Could Boost Investments and Growth – RDIF Head

Russia’s Rate Cut at 17% Could Boost Investments and Growth – RDIF Head

MOSCOW (Sputnik) – Following a meeting of the Board of Directors earlier in the day, the Russian Central Bank lowered its key interest rate for the third time in a row, but only by 1 percentage point, to 17% per annum. However, this is still the lowest figure since the end of July 2024.

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