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 retreats 3% amid optimism after US – China trade agreement

Gold prices took a sharp hit at the start of the trading week on May …