Key interest rate cut to 12.5%

AO UniCredit Bank
Mon, 01/06/2015

On 5 May 2015 the Central Bank of Russia (CBR) decreased the country's key interest rate from 14% to 12.5% per year.                                                                                                         

 

The key rate was cut in consideration of weakening inflationary risks and in order to prevent further economic slowdown.