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we considered and weighted multidirectional options of the key rate decision. Second, in addition to the key rate decision, we adopted a whole range of

the key rate at 6.00% p.a. On 20 March 2020, the Bank of Russia Board of Directors decided to keep the key rate

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maintain the conditions for interbank lending rates to form close to the key rate, the Bank of Russia will hold a fine-tuning deposit auction in

The spread between interbank lending (IBL) rates and the Bank of Russia key rate narrowed due to, among other things, the absence of significant liquidity

prevention measures from the funds constituting The Bank of Russia key rate (hereinafter, the key rate) is the Banking Sector Consolidation Fund, as well as

structure significantly, which has also affected the key components of GDP by end use in 2019. The key factor behind growth slowdown in 2019 was

and a decrease in deposit interest rates, according to the Review of Key Indicators of Professional Securities Market Participants. Banks’ policy was also an important

which includes valuation of assets and liabilities and submission of reporting. A key initiative proposed in the report is to stipulate in laws the rights

2018 2019 Q4 2019 2019 2020 Output of goods and services by key industry 3.1 2.0 2.4 2.4 … Industrial output 3.