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RUSSIAN CENTRAL BANK SLASHES KEY RATE BY 200 BPS IN BIGGEST CUT SINCE MAY 2022

  • NEWS Desk Global
  • Jul 25, 2025
  • 1 min read

The Russian central bank cut its key interest rate by 200 basis points to 18% on Friday, hoping to revive lending and boost flagging economic growth after stubbornly high inflation showed signs of easing.

The move is the biggest decrease since May 2022, when the central bank cut by 300 bps as the economy was recovering from the shock from Western sanctions imposed following the launch of Russia's military action in Ukraine.

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