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Russia awaits Central Bank's next move on key rate

Original: ставка

Attention in Russia is focused on interest rates after the Central Bank revealed the maximum deposit rates offered by banks in October, a key indicator ahead of its policy decision. The Federation Council has also weighed in on what could happen to the key rate following the Central Bank's meeting. Markets and savers are watching closely as rate expectations shape deposit returns and borrowing costs.

Why now: The Central Bank's October rate data and upcoming policy decision are driving speculation about the key rate's direction.

Central Bank of RussiaFederation CouncilVedomosti

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