MOSCOW, October 30. /TASS/. The Bank of Russia remains committed to the regime of inflation targeting and keeping its level near 4%, according to draft guidelines of Russian financial market development in 2024 and the period of 2025-2026 prepared by the regulator.

"The Bank of Russia remains committed to the inflation targeting regime. The goal of the monetary policy remains unchanged - to keep annual inflation close to 4%," the document reads.

Low and stable inflation makes economic conditions more predictable overall and supports confidence of companies and individuals in financial and investment planning, influencing decisions of households on the size of current and future consumption and decisions of the business on production expansion and investments, the Central Bank noted.

The regulator earlier increased its 2023 inflation outlook to 7-7.