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Russia Cuts Key Interest Rate to 14.5%

April 24, 2026
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Posted 2 hours ago by

The Central Bank of Russia announced a reduction of its key interest rate to 14.5 on Friday, marking the fifth consecutive cut of 50 basis points as authorities grapple with a slowing economy and heightened geopolitical risks stemming from tensions in the Middle East.

Sada Elbalad
Sada Elbalad

Coverage and analysis from Egypt. All insights are generated by our AI narrative analysis engine.

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