The Central Bank will consider new options for the key rate decision


The Central Bank of Russia (CBR) will consider new options for a key interest rate decision before the June meeting of the board of directors. This was announced on May 28 by the Deputy Chairman of the Bank of Russia Philip Gabunia.
"We will review all newly received data. Today, the situation has changed somewhat, and there are many things that we will be interested in discussing. I think we will have even more diverse options for a rate decision than in April," Gabunia said, as quoted by TASS.
The regulator will make the next decision on the key rate on June 6, 2025.
On May 22, the State Duma adopted in the first reading a law on the phased introduction of the digital ruble. The bill is aimed at expanding settlements in digital rubles and introducing a universal code for non-cash payment for goods, works and services. It clarifies that banks and points of sale must provide payment in digital currency within three years.
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