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Nabiullina: bank of Russia considers key interest rate to be acceptable for the moment

October 02, 2014, 23:05 UTC+3 MOSCOW
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MOSCOW, October 2 /TASS/. The Bank of Russia believes that the current key interest rate is acceptable for the moment, the bank’s chairwoman Elvira Nabiullina said in a TASS interview on Thursday.

"We see the key rate as quite acceptable,” she said, adding that the regulator’s board of directors will discuss the key rate and consider all economic, unemployment, inflation and inflation expectations data at its next meeting due late in October.

Nabiullina also recalled that the Bank of Russia had been forced to raise the key rate three times following the analysis of the aforesaid data.

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