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21.03.2025

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📝 Summary

The head of the Central Bank Nabiullina said that the likelihood of further rate growth decreased

According to her, the Central Bank will assess “whether the speed and sustainability of reducing inflation is sufficient.” The benchmark, explained Nabiullina, is an indicator of 4% by 2026. Nabiullina did not rule out that the Central Bank may take an additional step to raise the rate. This is possible if the measures taken to reduce inflation "are insufficient." Previously At the auction of the Moscow Exchange, the ruble exchange rate reacted poorly to the decision of the Bank of Russia to maintain the rate at 21% per annum.