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101
19.12.2025
Russia releases the Summary of the Key Rate Discussion.
The Bank of Russia Board of Directors holds its next key rate meeting on 13 February
then the cause is the shift of the demand
curve. Unlike the key method of the source paper, detrending is not conducted.
Sources: Rosstat, R
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of Directors’ key rate meetings
Meeting of the Board of Directors on 19 December 2025
19.12.2025
Bank of Russia cuts the key rate
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19.12.2025
day
Bank of Russia key rate less 100 b.p.
Main auctions
(Deposit auctions / Repo auctions)
1 week
Bank of Russia key rate
Fine-tuning auctions
109
19.12.2025
for terms from 1 to 180 days with interest rate equals to key rate plus 175 basis points, while the collateral pool for the Supplementary
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Key rate decisions Summary of the Key Rate Discussion Other
19 December 2025
13:30
Bank of Russia cuts the key rate by