The key interest rate in Russia has been reduced to 18% by the Central Bank's decision.

      July 25, 2025 14:12

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      EconomyThe Central Bank of Russia announced a cut in the key rate from 20% to 18% annually, reports "360" TV channel.

      The regulator emphasized that further steps to modify the key rate will depend on the stability of the inflation slowdown process. The goal for 2026 remains at 4%. The Central Bank believes that the country's economy is gradually returning to sustainable growth.

      The next meeting to consider the key rate is scheduled for September 12. Earlier, in early July, Central Bank head Elvira Nabiullina noted that inflation reduction would create conditions for further lowering the key rate. However, she stated that the current rate level is still far from the target of 4%, and there is much work to be done to achieve this goal.

      It is worth recalling that on June 6, the Bank of Russia's Board of Directors decided to reduce the key rate by 100 basis points to 20.00% per annum. The decrease was recorded for the first time in nearly three years. NIA "Nizhny Novgorod" has a Telegram channel. Subscribe to stay informed about major events, exclusive materials, and operational updates. Copyright © 1999—2025 NIA "Nizhny Novgorod". Reprinting requires a hyperlink to NIA "Nizhny Novgorod". This resource may contain 18+ materials.