The regulator raises the rate for the seventh time in a row.
The Central Bank of the Russian Federation raised the key rate for the seventh time in a row.
As a result, the step was tightened to 8.5% per annum.
The indicator was returned to the level of September-October 2017.
According to the statement of the regulator, a further increase in the rate is not excluded.
According to the agency, the policy is affecting the reduction of inflation and its return to level 4;.
In addition, this measure is designed to strengthen the ruble exchange rate.
Against the background of accelerated inflation, many experts expected such a decision from the Bank of Russia, RIA Novosti writes.
Earlier, topNews wrote that the dollar and the euro collapsed after the key rate increase.
At the same time, the head of the regulator, Elvina Nabiullina, put on a brooch with arrows and a bow at a press conference.