Russia's central bank kept its key rate at 21% today, locking in two-decade-high borrowing costs as it battles rampant inflation. Prices have been rising quickly across the Russian economy for ...

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TASS/. The board of directors of the Bank of Russia will take a decision on the key rate later in the day. Experts expect the key rate to remain unchanged at 21% per annum. They believe that the ...

TASS/. The ruble exchange rate during trading on the Moscow Exchange has barely reacted to the Bank of Russia's decision to keep the key rate at 21% per annum, according to trading platform data.

"Current inflationary pressures have eased but remain high," the central bank said in a statement announcing the decision ... Policymakers raised the key rate to 21 percent in October, despite ...