Bank of Russia holds benchmark interest rate at 14 percent

By Erick León

Event or report date: October 23, 2026

The Bank of Russia held its benchmark interest rate at 14 percent at its October 23 meeting, The Moscow Times reported. The decision reflects tension between inflation risks and borrowing costs. The figure is the official policy rate, rather than necessarily the rate each consumer pays.

Source: The Moscow Times.

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Original Spanish and Russian versions. Originally published October 25, 2026.

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