Stock market quotes, forex, financial news, forex tools –

The amount of the key rate in Russia is now 8.5%

 Breaking News
The amount of the key rate in Russia is now 8.5%
September 15
13:00 2017

The Bank of Russia has decided to lower the key rate. Now its size is 8.5%. The Central Bank also has published inflationary expectations (the inflation rate is currently 4%). The favorable economic dynamism is noted.

It became known that GDP growth was expected to reach 2.2% for the current year. Older reports of the Central Bank predicted the GDP growth of no more than 1.8%.

The previous value of the key interest rate was equal to 9%. The Central Bank’s press release says that the GDP growth for the second quarter of this year has exceeded the expectations of experts. The economic growth was facilitated by the investors’ interest, consumer demand growth, an increase in the construction activity as well as recovery in the manufacturing industry. Extraction and trade of minerals are noted as one of the positive factors.

The goal of the Bank of Russia is to keep the inflation at 4%. So, it is necessary to keep a sufficiently tight monetary policy.
Elvira Nabiullina, Chairman of the Central Bank of the Russian Federation, said that the Department was seriously considering the prospect of further lowering the key rate. The decision will be made after analyzing the behavior of consumer prices and the economic activity. In addition, the inflation level will be monitored.

Positive news from the Russian Federation should help strengthen the national currency. We are waiting for the reaction of foreign exchange markets.

The material was prepared with the participation of Andrey Majorov,
a leading analyst of the brokerage company CT Trade

Related Articles


  1. Orlando Chanthaumlsa
    Orlando Chanthaumlsa February 07, 15:32

    I always was interested in this topic and stock still am, appreciate it for putting up.

    Reply to this comment
  2. Jacqualine Sellai
    Jacqualine Sellai August 02, 06:23

    Those are yours alright! . We at least need to get these people stealing images to start blogging! They probably just did a image search and grabbed them. They look good though!

    Reply to this comment
  3. Maryanna Braggs
    Maryanna Braggs November 12, 07:51

    Every once in a while I find something worth reading when I’m surfing the internet. Bravo… thanks for creating real content here…

    Reply to this comment
  4. Terrell Fuleki
    Terrell Fuleki November 14, 22:27

    I’m impressed, I have to admit. Actually rarely must i encounter a weblog that’s both educative and entertaining, and without a doubt, you’ve got hit the nail on the head. Your notion is outstanding; the pain is something which too little people are speaking intelligently about. I am happy i came across this in my search for something about it.

    Reply to this comment
  5. Camilla Birdsong
    Camilla Birdsong January 01, 10:49

    Great post. Do you have any other ones you can share? I dig it. I have actually tried XD Forex as a signals provider and they are amazing. I will keep you guys posted. 🙂

    Reply to this comment
  6. Kathy
    Kathy January 15, 02:34

    Hi, i feel that i saw you visited my site thus i came to go back
    the favor?.I am attempting to to find issues to enhance my site!I
    assume its adequate to use a few of your ideas!!

    Reply to this comment

Write a Comment