ST PETERSBURG, Russia, June 5 (Reuters) - Some of Russia's richest businessmen complained on Friday about the central bank's tight monetary policy, with one saying it had created a "trap" for the ...

The central bank left its key interest rate unchanged after a series of 10 cuts as Ukraine’s drone strikes threaten to push inflation even higher.

Given the growing severity of the fuel crisis in Russia and no signs of scaling back military spending, the market had judged a further cut from the 14.25% rate unlikely in the short term. The ...

The Bank of Russia retained its interest rate after series of rate reductions, as Ukraine drone attacks on oil refineries pushed up inflationary pressures. The Board of Directors decided to hold the ...

Cut is below market, analysts' expectations Central bank cites fall in fuel output, budget deficit as risks Nabiullina reappears after three-week sick leave Strikes on refineries add to economic woes ...

Workers clear debris in a two-storey residential building destroyed as a result of Russian drones attack in Odesa on April 24, 2026. [AFP] Russia on Friday trimmed its benchmark interest rate, days ...

MOSCOW, June 19 (Reuters) - The Russian central bank cut its ⁠benchmark ⁠interest rate by 25 basis points to 14.25% on ⁠Friday, a smaller move than the 50 bps that analysts had expected, citing risks ...

Sanctioned Russian Billionaire Says High Interest Rates Have Set 'Trap' for Economy By Gleb Bryanski ST PETERSBURG, Russia, June 5 (Reuters) - Some of Russia's richest businessmen complained on ...