Home / Market Update / Central Bank of Russia Hikes Policy Rate by 50 Basis Points to 5% in April

Central Bank of Russia Hikes Policy Rate by 50 Basis Points to 5% in April

Russia’s central bank announced on Friday that it hiked its policy rate by 50 basis point to 5%, compared to analysts’ estimate for an increase of 25 basis points.

Check Also

Could USDT Removal Impact EU Amid Crypto Boom Promised By Trump?

The European Union’s Markets in Crypto-Assets (MiCA) regulation, designed to enhance transparency and combat financial …