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
