The main figure in the economy: what you need to know about the key rate of the Central Bank of the Russian Federation

ECONOMY

The Central Bank of the Russian Federation on 27 July kept its key rate at 7.25%. She’s been active since March 23. Then the regulator has lowered it by 0.25 percentage points.

In 2018, the regulator has twice lowered its key interest rate. Thus on 9 February, the Central Bank reduced it by 0.25% — from 7.75 to 7.5% from 23 March to 7.25%, on 27 April and 15 June the rate remained unchanged. Basereporter.com tells what the key rate and what it affects.

Sergei Kruglov, Maria Selivanova

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