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The Central Bank of the Russian Federation

The Bank of Russia
cuts the key rate
by 50 bp
to 16.50% p.a.

Statеment by Elvira
Nabiullina in follow-up to
Board of Directors
meeting

The Central Bank of the Russian Federation

The Bank of Russia
cuts the key rate
by 50 bp
to 16.50% p.a.

Statеment by Elvira
Nabiullina in follow-up to
Board of Directors
meeting

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Inflation target

4.0%

Inflation

September 2025

8.0%

from 27.10.2025

16.50%

Board of Directors’ next key rate meeting

19.12.2025

28.10.2025

16.40%

CNY, 1¥

11.0648 ₽

11.1921 ₽

USD, 1$

78.9848 ₽

79.8174 ₽

EUR, 1€

92.0233 ₽

92.9395 ₽

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Money & Finance

Russian Journal of «Money and Finance»

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