FX.co ★ Russia Keeps Interest Rates Unchanged at 16.00% in April

In the latest move by the Central Bank of Russia, the interest rate decision for the month of April has been announced, with the rate remaining unchanged at 16.00%. This decision comes after the previous indicator was also maintained at 16.00% in March 2024. The update was released on 26th April 2024, indicating a steady stance by the Russian central bank in the face of the country's economic landscape. With inflation concerns and geopolitical tensions influencing monetary policy, the decision to keep rates stable reflects the bank's cautious approach to managing economic conditions in the region.