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conditions as tight as required to return inflation to the target. Further key rate ANNUAL INFLATION (YoY) decisions will depend on the sustainability of the

in the new law. More details are available in the Review of Key Indicators of Microfinance Institutions for 2025 Q3. Preview photo: Dmitry Feoktistov / TASS

Following the public discussion of the consultation paper, the regulator identified the key areas of change. Foreign securities will continue to have direct access to

observed in respect of organisations engaged in professional, scientific, and technical activities. Key items of balance sheet*, tn rubles Table 1 Indicator 31.12.2022

human health and social work activities; R – arts, sports, entertainment, and recreation. Key indicators of annual financial statements 2 The source of information for the

Source: Bank of Russia calculations. % MONEY MARKET AND KEY RATE • Monetary policy and key rate. The key rate remained unchanged in November. Earlier, on 24

pauses between key rate changes. This means that the key rate will not be lowered ‘on autopilot’. We will regularly monitor all key indicators of

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