Bank of Russia to reduce key rate to 7% per annum by yearend, says VEB.RF

TASS Russian News Agency | Aug 24, 2022 at 10:05 AM

The Russian Central Bank’s key rate that currently stands at 8% per annum, may go down to 7% by the end of this year, VEB.RF Chief Economist Andrey Klepach told TASS on the sidelines of the Technoprom technological development forum in Novosibirsk on Wednesday.