Home / Market Update / Central Bank of Russia Hikes Policy Rate by 25 bps to 6.75%

Central Bank of Russia Hikes Policy Rate by 25 bps to 6.75%

The Central Bank of Russia announced on Friday that it raised its policy rate by 25 basis points to 6.75% from 6.5%, compared to the market expectation for an increase of 50 basis points, as reported by Reuters.

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