Central Bank of Russia hikes key interest rate
The increase by 2 percentage points to 15% per annum is the biggest increase since May of last year
The Bank of Russia on Friday raised the key rate by 200 basis points to 15% per annum, stating that current inflationary pressures have significantly increased, to a level above the regulator’s expectations.
DETAILS TO FOLLOW
More Stories
How to Register a Company in Hong Kong in 2026: A Guide for UK SMEs
You can register a company in Hong Kong remotely, but plan tax, banking and compliance before you start. Why UK...
Timur Turlov Takes Freedom SuperApp Beyond Kazakhstan as Digital Expansion Accelerates
The application combines banking, investments and everyday services in one digital environment. Having built its customer base in Kazakhstan, the...
New Payment Rules Will Expose Weak Finance Functions
The reforms are, at bottom, a demand for finance-function precision. They require a business to know, invoice by invoice and...
Why Corporate Video Production Matters More Than Ever for UK Businesses
The challenge is no longer simply whether to use video, but how to create content that feels credible, supports a...
How Gambling Affiliates Can Make Trust Part of the Business Model
For publishers and gambling businesses, the challenge is to make that relationship clear without losing the useful analysis that brought...
Getting to know you: Oliver Corrigan, managing director, WorkWell
Oliver Corrigan is the founder and managing director of WorkWell, a Yorkshire provider of serviced offices, co-working space, meeting rooms...