21-June-2026
Economy News
 
Russian Central Bank Trims Rate by 25 Bps to 14.25% Amid Fuel Supply, Budget Risks
20-Jun-2026

The Russian central bank cut its benchmark interest rate by 25 basis points to 14.25% on Friday, a smaller move than the 50 bps that analysts had expected, citing risks stemming from soft budget policy and a decline in fuel production.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-19/russian-central-bank-trims-rate-by-25-bps-to-14-25-amid-fuel-supply-budget-risks