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121
29.04.2026
the key rate are better transmitted to the costs of borrowing. However, interest rates on loans could react less on the decline in the key
2025, compared to its growth by
$9.2 billion in 2024. The key reason was the resumption of the foreign capital inflow into the Russian
123
28.04.2026
Summary of the Key Rate Discussion
16 February 2024
Bank of Russia Board of Directors’ key rate meeting
Press release on the key rate
Medium-term
124
28.04.2026
Summary of the Key Rate Discussion
16 February 2024
Bank of Russia Board of Directors’ key rate meeting
Press release on the key rate
Medium-term
125
27.04.2026
procedure and reduce the average deviation of money market rates from the key rate.
In the course of fine-tuning auctions, the Bank of Russia will
126
27.04.2026
Keys to IPO success: regulators’ recommendations
27 April 2026
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The Bank of Russia and the Ministry of Finance of the
Russian economy is gradually adapting to the tax modifications. According to
statistics, key industries returned to sequential growth. However, dynamics across
industries were extremely heterogeneous:
the key
rate (Figure 136). The Bank of Russia key rate remained at 7.5% until mid-2023 (Figure 135).
Figure 135. Bank of Russia key
129
27.04.2026
a small open developing economy with developed financial markets. The ability of key central banks to launch global financial and credit cycles leads to the
130
27.04.2026
Interest Rates of Monetary Policy (dates of changes, complete version)
% p.a.
Date effective Key rate Key rate changes (p.p.) Deposit Standing facilities Deposit