Russia's Central Bank Holds Benchmark Rate at 14.00%
Russia's central bank kept its benchmark interest rate unchanged at 14.00%, leaving borrowing costs at the level set at its previous policy meeting. The decision maintains the rate at which the Bank of Russia provides liquidity to the banking system. No change was announced to the existing policy stance.
Russia's central bank left its benchmark interest rate unchanged at 14.00%.
The decision keeps the key rate at the level established at the bank's previous policy meeting, with no adjustment announced to the existing monetary policy stance.