Moscow - Saba: The Russian Central Bank announced raising the main interest rate by one percent to 19 percent annually.
The bank said in a statement: This decision came as a result of the continuation of inflationary pressures, as annual inflation in Russia is likely to exceed the range of expectations from last July by the end of 2024.
The bank said in a statement: This decision came as a result of the continuation of inflationary pressures, as annual inflation in Russia is likely to exceed the range of expectations from last July by the end of 2024.