Russian central bank cuts key rate by 50 bps, warns of uncertainty
Published on: March 20, 2026, 4:19 p.m. | Source: The Economic Times
Russia's central bank has lowered its key interest rate to 15 percent. This move comes as inflation shows signs of slowing down. However, the bank has cautioned that global uncertainties have significantly increased. The decision aims to support Russia's economic growth. Higher commodity prices are also benefiting the nation's revenues.
