Russia's Central Bank Again Cuts Key Rates
Thursday, Russia's central bank cut its key interest rates to record lows, the eighth rate cut since April, to pull the economy out of its worst recession and to boost lending. Bank Rossii lowered the refinancing rate to 9.5%... [read full story]
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Fiscal Rates
Oct 31, 2009 (LBO) - Sri Lanka finance ministry would issue a circular directing state banks to cut lending rates and there was a possibility of private banks being also directed to cut lending rates through the island's...
Central Bank Cuts Interest Rates to Battle Crisis
MOSCOW — The Central Bank cut its key interest rates to record lows to boost lending, stem speculative inflows and help carry the commodity-reliant economy out of its worst slump since official records began more than a decade...
Bank of Russia moves to cut discount rate further
The Bank of Russia has resolved to slash its discount rate by 0.5 percentage points to 9.5 percent per annum starting October 30, 2009, the banks external and public relations department announced. In addition, the same day,...
Russia cuts interest rates to historic low
MOSCOW (AFP) - The Russian Central Bank on Thursday agreed a half-point cut in its benchmark refinancing rate to 9.5 percent, the lowest level in Russia's modern history, in a bid to stimulate the economy.
Russia to cut half a percent from interest rates
Russia's Central Bank announced in a statement Thursday that it would lower the refinancing rate to 9.5 percent from 10 percent on Oct. 30. Most other key rates will also be lowered half a percent, said the statement. The...
Russia cuts interest rates to historic low
Move marks eighth cut since April Toni Vorobyova and Yelena Fabricnhaya Moscow — Reuters Published on Thursday, Oct. 29, 2009 7:50AM EDT Russia Thursday unveiled its eighth interest rate cut since April, as lower inflation...
UPDATE 2-Russia delivers 8th rate cut since April
By Toni Vorobyova and Yelena Fabricnhaya MOSCOW, Oct 29 (Reuters) - Russia on Thursday unveiled its eighth interest rate cut since April, as lower inflation enabled it to press on with the easing campaign aimed at setting the...
UPDATE - Russia delivers 8th rate cut since April (at Reuters)
Refi rate cut by 50 bps to 10 pct * Analysts expect more easing * C.bank says rate cuts to dent appeal of rouble, stocks (Adds background, details, analyst comment) By Toni Vorobyova and Yelena Fabricnhaya MOSCOW, Oct 29...
Russia to cut half a percent from interest rates
MOSCOW, Oct. 29 (Xinhua) -- Russia's Central Bank announced in a statement Thursday that it would lower the refinancing rate to 9.5 percent from 10 percent on Oct. 30. Most other key rates will also be lowered half a percent,...
Russia c.bank cuts refi rate by 50 bps to 9.5 pct
MOSCOW, Oct 29 (Reuters) - Russia's central bank on Thursday cut the benchmark refinancing rate by 50 basis points to 9.50 percent, as lower inflation enabled it to press on with a six-month long monetary easing campaign to...
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