Home / Market Update / Central Bank of Russia Leaves Policy Rate Unchanged at 4.25% in February

Central Bank of Russia Leaves Policy Rate Unchanged at 4.25% in February

Russia’s central bank announced on Friday left its policy rate unchanged at 4.25% as expected. The USD/RUB pair extended its daily rally after this announcement and was last seen gaining 1.03% on a daily basis at 74.3750.

Check Also

Carry Trades Roar Back as Interest Rate Gaps Drive G10 Currency Rally

Currency carry trades are enjoying their strongest performance in years as investors return to high-yielding …