HomeSteelIndustryProjects Cut in Russian interest rate to 14% 'not enough to revive steel demand' Russia’s central bank decided on Friday April 29 to cut its key interest rate to 14% per year from the previous 17%, to which it was reduced on April 11, according to a statement published on its official website. On February 28, the Bank of Russia had more than doubled the interest rate to 20% from the previous 9.5% in an effort to protect the rapidly falling rouble, whose... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Elina Virchenko May 03, 2022 16:28 GMT Dubai Keywords Russia domestic prices interest rate Elvira Nabiullina Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
