15:41 - 23.10.2026

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October 23, Fineko/abc.az. The Board of Directors of the Bank of Russia decided to keep the key policy rate unchanged at 14% per annum.

The central bank noted that while economic activity continues to grow moderately, underlying price pressures and inflation expectations remain elevated. Annual inflation stood at 6.8% as of October 19 and is projected to end the year between 7.1% and 7.6%, driven largely by rising fuel prices.

The regulator expects inflation to return to its 4% target by 2027. The next rate-setting meeting is scheduled for December 18.