UPDATE 1-Russia lowers key rate to 6.25%, says more cuts possible in 2020
The Russian central bank lowered
its key interest rate to 6.25% on Friday, cutting the cost of
lending for the fifth time this year, and said it would consider
the need for further reductions in the first half of 2020
because of slowing inflation.
its key interest rate to 6.25% on Friday, cutting the cost of
lending for the fifth time this year, and said it would consider
the need for further reductions in the first half of 2020
because of slowing inflation.
Posted by Reuters
