26-July-2026
Subscribe   |   Unsubscribe   |   Forward to a Friend   |     
Economy News
 
Russian Central Bank Cuts Key Rate by 25 Bps to 14% as Ukrainian Drones Hit Economy
25-Jul-2026

The Russian central bank cut its benchmark interest rate to 14% on Friday from 14.25% despite a spike in inflation linked to Ukrainian drone attacks on major oil refineries and e-commerce warehouses.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-24/russian-central-bank-cuts-key-rate-by-25-bps-to-14-as-ukrainian-drones-hit-economy