Russia: Russia's key interest rate cut to 11.5%

Fri, 03/07/2015

On 16 June, the Central Bank of Russia (CBR) decreased the country's key interest rate from 12.5% to 11.5% per year. The key rate was cut, taking into account lower inflation risks and persistent risks of considerable economic cooling.

Contact:
Ekaterina Konovalova
Relationship Manager, Global Securities Services Russia  
Ekaterina.Konovalova@unicredit.ru