Russia Holds Interest Rate Steady Amid Economic Challenges and Pre-Election Scrutiny

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Gradual depletion of productive capacity and geopolitical tensions are holding back tight monetary policy

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Russia's Central Bank has kept its key interest rate at 14% ahead of the elections, while the country's economy is experiencing a noticeable slowdown.

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Russia's central bank decided today to keep its key interest rate at 14%, a week before parliamentary elections, which the Kremlin will closely monitor as an indicator

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Russia's central bank decided today to keep the key interest rate unchanged at 14%, a week before parliamentary elections, which the Kremlin will closely monitor as an indicator… Russia: Central bank keeps key interest rate unchanged at 14% ahead of elections - ΙΝΑΤΕΜΟΠΟΡΙΚΙ