Home / Market Update / Central Bank of Russia Hikes Policy Rate by 50 Basis Points to 5.5% in June

Central Bank of Russia Hikes Policy Rate by 50 Basis Points to 5.5% in June

Russia’s central bank announced on Friday that it hiked its policy rate by 50 basis point to 5.5% following its June policy meeting.

Check Also

Gold rallies after US labour data

Spot gold is up 1.16%, trading at $238460, and gold futures are up 1.20%, trading …