Archive for October 7th, 2012

Central Bank Watch

Bank Rossii Refinancing Rate Left Unchanged at 8.25%

October 7, 2012

There was no follow-up Russian interest rate move this month.  A 25-basis point interest rate hike in September was the first change of 2012, and a statement after this month’s policy meeting last Friday noted that inflation rose to 6.6% last month, more than a half percentage point above target.  Officials promised to “continue to […] More