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

Wall Street Retreats from Record Highs as U.S.-Iran Brinkmanship Threatens Ceasefire and Oil Supply

Key Takeaways: Equities pull back: The S&P 500 and Nasdaq opened lower, retreating from last …