: Russia cuts key rate despite weak oil and ruble

Источник Russia cuts key rate despite weak oil and ruble Дата (7/31/2015 10:43:00 AM +00:00)

The Central Bank of Russia (CBR) has cut the key interest rate from 11.5 percent to 11.0 percent. Even though there is a slight increase in inflation risks, the CBR says economic growth is a priority. It is the fifth consecutive rate cut this year.
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