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

AI Doubts Shake Wall Street as Tech Stocks Retreat and Investors Reassess Risks

After months of relentless gains fueled by artificial intelligence enthusiasm, Wall Street is showing signs …