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The Central Bank of the Russian Federation

The Bank of Russia
cuts the key rate
by 50 bp
to 16.00% p.a.

Statеment by Elvira
Nabiullina in follow-up to
Board of Directors
meeting

The Central Bank of the Russian Federation

The Bank of Russia
cuts the key rate
by 50 bp
to 16.00% p.a.

Statеment by Elvira
Nabiullina in follow-up to
Board of Directors
meeting

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Inflation target

4.0%

Inflation

November 2025

6.6%

from 22.12.2025

16.00%

Board of Directors’ next key rate meeting

13.02.2026

19.12.2025

15.85%

CNY, 1¥

11.4463 ₽

11.2308 ₽

USD, 1$

80.7220 ₽

79.3146 ₽

EUR, 1€

94.5120 ₽

92.8621 ₽

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Money & Finance

Russian Journal of «Money and Finance»

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