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The Bank of Russia raises the key rate by 0.25 pp to 7.50%

Today, the Bank of Russia Board of Directors decided to raise the key rate by 0.25 pp to 7.50% per annum. Changes in external conditions observed since the previous meeting of the Board of Directors have significantly increased proinflationary risks. The Bank of Russia forecasts annual inflation to be 5-5.5% in 2019 and return to 4% in 2020. This forecast takes into account the decisions taken with regard to the key rate and to the suspension of foreign currency purchases in the domestic market under the fiscal rule. The Bank of Russia will consider the necessity of further increases in the key rate, taking into account inflation and economic dynamics against the forecast, as well as risks posed by external conditions and the reaction of financial markets.

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03:30 24.01.2019
Stocks. Daily history for Wednesday, January 23, 2019
Index Change, points Closed Change, % NIKKEI 225 -29.19 20593.72
03:15 24.01.2019
Currencies. Daily history for Wednesday, January 23, 2019
Pare Closed Change, % AUDUSD 0.71398 0.27
02:30 24.01.2019
Schedule for today, Thursday, January 24, 2019
Time Country Event Period Previous value Forecast 00:30 Japan Manufacturing PMI
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