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Bank of Russia to consider all key rate scenarios at upcoming board meeting

The next board meeting of the Bank of Russia is scheduled for April 27

MOSCOW, April 12. /TASS/. The Bank of Russia will discuss all the possible scenarios of the key rate change at the nearest Board meeting, deputy department director Andrei Lipin told reporters on Thursday.

"The Central Bank is pursuing the policy addressing the situation, and therefore we do not limit ourselves in making decisions [on the key rate - TASS]. All the required actions will be made in case of need," Lipin noted.

The next Board meeting of the Bank of Russia is scheduled for April 27.

The Central Bank reduced the key rate from 7.5% to 7.25% at the previous Board meeting on March 23.