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21.11.2025
slightly up. This may be due to depositors’ desire to lock in a slight increase in short-term deposit rates after the key rate meetings in
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transit of gas.
The value of goods imports was down YoY amid a rise in the recycling fee, import substitution, and weaker domestic demand.
The
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The tariff schedule is available on the Bank of Russia website.
As a reminder, major banks and trade companies that are their clients should provide
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its new consultation paper.
The Bank of Russia continues to adhere to a risk-oriented and technologically neutral approach to AI and aims to create conditions
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and regular urban bus services, respectively.
The draft ordinance also provides for a decrease in the lower rate level by 40% for sea transport and
assumed a more substantial key rate cut at the October meeting of the Board of Directors. As a
result, market participants now expect a more
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due the acceleration of underlying inflation.
One-off factors also continued to make a substantial contribution to inflation. Prices for petroleum products were still rising fast.
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billion, which was the maximum amount since early 2025. Substantial deposits and a positive revaluation of Russian bonds entailed expansion of portfolios in IIAs to
GDP growth rates at a near-
zero level. As monetary conditions approach a neutral level and the economy transitions to a balanced
growth path, starting
a modest
harvest of open-field vegetables in a number of regions.
• Petroleum product prices were rising rapidly, owing to a temporary supply
drop and a