Russia’s Central Bank raises discount rate for fifth time in 2021

Russia’s Central Bank raises discount rate for fifth time in 2021 Central Bank of Russia has increased the discount rate by 0.21 percentage points from 6.5% to 6.75%, Report informs, citing the Russian media.
Finance
September 10, 2021 15:33
Russia’s Central Bank raises discount rate for fifth time in 2021

Central Bank of Russia has increased the discount rate by 0.21 percentage points from 6.5% to 6.75%, Report informs, citing the Russian media.

The Central Bank increased the interest rate from 4.25% to 4.5% on March 19, from 4.5% to 5% on April 23, from 5% to 5.5% on June 11, from 5.5% to 6.5% on July 23.

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