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Russian Central Bank Holds Rates at 16%, Raises Inflation Forecast

Russian Central Bank Holds Rates at 16%, Raises Inflation Forecast
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Russian rouble hovers near one-month high ahead of expected rate hold

The Russian rouble hovered near a one-month high of around 92 to the dollar on Friday, ahead of a rate-setting meeting by the central bank at which it is widely expected to leave borrowing costs.

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Russian rouble hits one-month high after central bank holds rates

The Russian rouble firmed to a one-month high past 92 to the dollar on Friday after the central bank held interest rates at 16%, as expected, and slightly worsened Russia s inflation outlook. .

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Russian central bank holds rates at 16%, raises inflation forecast

Russia s central bank held its key interest rate at 16% for the third meeting running on Friday, but raised its inflation forecast for 2024, acknowledging for the first time that it may struggle to. -April 26, 2024 at 06:38 am EDT - MarketScreener

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Russia's Sberbank Reports Profit Rise to $4.3 Billion in 1st Quarter

Russia's Sberbank Reports Profit Rise to $4.3 Billion in 1st Quarter
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