Saturday, July 30, 2016

Ulyukayev: Central Bank’s key rate may fall below 10% in 2016 – Information portal of the Banki.ru

Economic Development Minister Alexei Ulyukayev said that by the end of the year the Central Bank key rate may well fall below 10%.

«Of course. End of the year – I believe that it is, it may “- Ulyukayev told reporters, responding to a question

The Bank of Russia on Friday decided to keep the key rate unchanged at 10.5%, explaining that. , although the dynamics of inflation and the appropriate adjustments to forecasts, the decline in inflation expectations to a halt.

Ulyukayev has previously commented on this decision, noting that it still sees a significant reserve to reduce the key rate of the Central Bank.

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