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The Central Bank of the Russian Federation

The Bank of Russia
cuts the key rate
by 50 bp
to 16.00% 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 16.00% p.a.

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

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Inflation target

4.0%

Inflation

November 2025

6.6%

from 22.12.2025

16.00%

from 27.10.2025

16.50%

Board of Directors’ next key rate meeting

13.02.2026

18.12.2025

15.84%

CNY, 1¥

11.3328 ₽

11.4463 ₽

USD, 1$

80.0301 ₽

80.7220 ₽

EUR, 1€

94.2524 ₽

94.5120 ₽

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Money & Finance

Russian Journal of «Money and Finance»

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