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KM Financial Solutions | UPDATE 1-Russia lowers key rate to 6.25%, says more cuts possible in 2020
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UPDATE 1-Russia lowers key rate to 6.25%, says more cuts possible in 2020

12 Dec UPDATE 1-Russia lowers key rate to 6.25%, says more cuts possible in 2020

Posted at 10:46h in News by
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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.

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