By the decision of the Board of Directors of the Bank of Russia, the key interest rate in the country on July 24 decreased by 25 basis points to 14%. The information was confirmed by the press service of the regulator itself.
The last meeting was the tenth in a row when the Central Bank eased monetary policy.
EADaily previously also informed that the ex-employee of the Bank of England admired the work of the Central Bank Russia and Elvira Nabiullina.