RUB
Russian Ruble (USD/RUB)
85.860
-0.29% (-0.250)
Updated 09:18 PMRUB
Russian Ruble (USD/RUB)
85.860
-0.29% (-0.250)
Updated 09:18 PMRUB
85.860
-0.29% (-0.250)
Updated 09:18 PM
Overview
Two consecutive weekly declines in Russian consumer prices suggest near-term disinflationary momentum, which is relevant to the Bank of Russia's rate-setting outlook and by extension to RUB-denominated assets. The pace of decline slowed from 0.06% to 0.02% w/w, indicating the deflationary impulse may be moderating.
Updated 11:05 PM
High confidence07/24, 10:01 PM
Russia's central bank cut its key interest rate by 25 basis points to 14% amid economic impacts from Ukrainian drone attacks.
Affected assets
Reuters
07/24, 10:01 PM
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Russia's weekly consumer price index fell 0.02% w/w in the week ending August 17, after a 0.06% w/w decline the prior week.
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