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Economy

The Central Bank lowered the key rate to 20%

Fri, 06/06/2025 - 13:32

Photo: IZVESTIA/Konstantin Kokoshkin

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The Central Bank of Russia lowered its key interest rate to 20% on Friday, June 6, after a long period of tight monetary policy.

"On June 6, 2025, the Board of Directors of the Bank of Russia decided to reduce the key rate by 100 bps to 20.00% per annum," the regulator's website says.

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Registered by the Federal Service for Supervision of Communications, Information Technology and Mass Communications. Certificates of registration Certificate of registration: EL № FS 77 - 76208 dated July 8, 2019. , Certificate of registration: EL № FS 77 - 72003 dated December 26, 2017.