Russian Key Rate Forecast Winners for 10.06.16!

Today, the Bank of Russia released its key rate, reducing it to 10.50% p.a. The key rate had remained unchanged since August 2015.

“The Board of Directors notes the positive trends of more stable inflation, decreased inflation expectations and inflation risks against the backdrop of imminent growth recovery in the economy. Slowing inflation allows more certain reliance on sustainable inflation reduction to less than 5% in May 2017 and the 4% target in late 2017, taking into account the decision just made and the retention moderately tight monetary policy. The Bank of Russia will consider the possibility of a further rate cut based on estimates for inflation risks and alignment of inflation decline with the forecast trajectory.”

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CEO Friday Networking Event Photos

Thanks to everyone who came to our informal networking event last week! We hope you enjoyed it as much as we did. Here are the photos from the CEO Friday event. Stay connected with us on our blog and Facebook page to be the first to know about future events.

CEO-Friday Networking Event at TRDATA

TRDATA would like to invite our friends and partners to CEO-Friday on March 25th for an informal event where you can network with business partners, customers, friends and other interesting people. Attendees will include top and middle managers, directors, and other company representatives from various industries.

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Russian Key Rate Forecast Winners for 18.03.16

On Friday, March 18, Russia’s central bank released its key rate, keeping it at 11.00% p.a. This move was widely expected by analysts. In their press release, the Bank of Russia cited high inflation risks, unsustainable oil prices, and uncertainties surrounding the budget as considerations in their key rate decision.

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