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The Central Bank of the Russian Federation

The Bank of Russia
cuts the key rate
by 50 bp
to 16.50% p.a.

Statеment by Elvira
Nabiullina to follow up
the Board of Directors
meeting

The Central Bank of the Russian Federation

The Bank of Russia
cuts the key rate
by 50 bp
to 16.50% p.a.

Statеment by Elvira
Nabiullina to follow up
the Board of Directors
meeting

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Inflation target

4.0%

Inflation

September 2025

8.0%

from 27.10.2025

16.50%

from 15.09.2025

17.00%

Board of Directors’ next key rate meeting

19.12.2025

23.10.2025

16.39%

CNY, 1¥

11.3733 ₽

11.3079 ₽

USD, 1$

81.2690 ₽

80.9713 ₽

EUR, 1€

94.3889 ₽

94.0820 ₽

ECONS

Money & Finance

Russian Journal of «Money and Finance»

Bank of Russia Publications

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