
Russia's Central Bank Cuts Key Interest Rate to 14.5%
Russia's Central Bank has announced a cut to its key interest rate, bringing it down to 14.5%. This decision comes amidst ongoing economic challenges and efforts to stimulate the Russian economy.
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CBC sets reference interest rate at 11.72 per cent
The Central Bank of Cyprus (CBC) on Friday announced the reference interest rate, under article 314A of the Cyprus Criminal Code, has been set at 11.72 per cent. The CBC stated that the rate is determined in accordance with the provisions governing lending practices and financial transactions. In addition, CBC confirmed that the reference interest […]
Read full article →Russia’s Central Bank Cuts Key Rate to 14.5%
It marks the eighth consecutive cut since borrowing costs were hiked to a two-decade high in 2024 to curb surging inflation.
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