Russia Interest Rate Decision

Actual value:
Source: http://www.cbr.ru
Currency: Russian Ruble
Country: Russian Federation
Previous value: 5%
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The Central Bank of Russia announces its interest rate decision on a regular basis. In case of a hawkish stance, regulator rises interest rates and this will have an upward pressure on the RUB. If the central bank has a dovish outlook on the Russian economy and keeps the rate unchanged or cuts it, it will negatively affect the currency rate.
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