Open Demo Account
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

Adel 23 April, 2021 2:39 pm Market Update

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.

Tags

Check Also

U.S. Labor Market Nears a Critical Turning Point in 2026

The US labor market is entering a pivotal phase, reflecting a cautious balance between continued …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends