Bank of Russia has decided to lower the refinancing rate by 0.25 percentage points. Since 29 March this year this rate in Russia will amount to 8.25% per annum, according to Central Bank.
The rate on overnight loans also decreased by 0.25 percentage points and is set at 8.25% per annum. This reduces the Bank of Russia is a fixed rate on collateral loans at 0.25 percentage points, and establishes new ones: for a period of one calendar day - 7.25% per annum for a period of seven calendar days - 7.25% per annum for a period of 30 calendar days - 7,25% per annum.
Nat Lawyer
Unel Legal Consulting
Saturday, March 27, 2010
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