For the third time, the Central Bank of Russia keeps the key rate at the same level. It’s about 7.5% per annum. Moreover, experts like report Today, February 10, RIA Novosti calls this decision quite expected.
Recall that in September last year, the Central Bank lowered the rate by 0.5% and significantly tightened the rhetoric. All signals about the direction of further monetary policy moves have gone from the statements. The Central Bank decided to limit itself to only neutral formulations.
“On February 10, 2023, the Board of Directors of the Bank of Russia decided to keep the key rate at 7.50% per annum”, confirmed by the Central Bank.
EADaily previously reported the approximate estimates of the Central Bank of the assets of Russians that are blocked abroad. Director of Investment Financial Intermediaries Department Olga Shishlyannikova confirmed 5.7 trillion rubles.