New External Shocks Force CBR to Put Easing Cycle on Hold
Today the Central Bank of Russia held its regular policy meeting and decided to keep its policy rate unchanged at 7.25%, in line with the market...
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Metals Remain on Rollercoaster as US Softens Stance on Rusal Sanctions
It seems that the US has not fully anticipated the fallout from its sanctions against Rusal, and is looking for a graceful exit. The recent panic...
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US Imposes New Sanctions Against Russia. It's Time for a Breather Now
Today the US announced new sanctions against Russian officials and businessmen. This step constitutes the long-awaited reaction to the evidence of...
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Russia: CBR Cuts Policy Rate and Signals It Will Keep an Eye on Wage Growth
In line with expectations of most analysts polled by Bloomberg, the CBR cut its key rate by 25bps to 7.25% on 23 March. CBR Governor Elvira...
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Russia: Putin Sails into Next Presidential Term. CBR Seen Keeping Pace of Easing at 25bps in March
Amidst rising geopolitical tensions, Vladimir Putin has won yesterday's election with around 77% of votes. The turnout of 67% did not hit an...
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