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The Executive Board of the NBS decided at its meeting to cut the base rate by 0.5 percentage points, to 7.0%, which is the lowest level ever.
On 20 March, Fitch Ratings, a leading provider of credit ratings, affirmed the following ratings of the National Clearing Centre (NCC), a key operating subsidiary of the Moscow Exchange Group:
The Central Bank of the Russian Federation (CBR) announced that its stake in MOEX capital will not be sold by 2016. The Ministry of Finance (MinFin) has approved CBR’s decision.
In March, the NSD successfully performed a test of its Disaster Recovery Plan (DRP) to ensure the switching over and disaster recovery of its settlement systems.
The Board of Romania's Central Bank (BNR) decided to lower the monetary policy rate again by 0.25% to 2%, achieving a new historic low which came into effect on 1 April.