The Central Bank of the Russian Federation

Ensure price and financial stability and promote conditions for sustainable economic growth

The Bank of Russia
cuts the key rate
by 25 bp
to 14.25% p.a.

Press conference
following Board of Directors’
monetary policy meeting

June 19 2026

The Central Bank of the Russian Federation

Ensure price and financial stability and promote conditions for sustainable economic growth

The Bank of Russia
cuts the key rate
by 25 bp
to 14.25% p.a.

Detail

Press conference
following Board of Directors’
monetary policy meeting

Inflation target

4.0%

Inflation

May 2026

5.3%

Key rate

from 22.06.2026

14.25%

from 27.04.2026

14.50%

Board of Directors’ next key rate meeting

24.07.2026

RUONIA

18.06.2026

13.75%

Exchange rates

18.06.2026

19.06.2026

CNY, 1¥

10.7589 ₽

10.8284 ₽

USD, 1$

72.7479 ₽

73.3591 ₽

EUR, 1€

84.3439 ₽

85.0305 ₽

All indicators

Important

Bank of Russia Publications

Publication Schedule

Statistics

Latest operational announcements

Bank of Russia Projects

On economic and finance research in simple terms

On monetary policy, finance, and banking