The bank of Russia has left the rate of refinancing level of 7,75 %Board of directors of Bank of Russia once again has made decision to leave the refinancing rate at former level - 7,75 % annual. Operating interest rates on the operations spent on standard conditions and on an auction basis, also are left without changes.
the bank of Russia considers that inflationary risks are now at comprehensible level and are caused by monetary conditions. According to a regulator, the rate of inflation in the country as of November, 22nd has made 7,8 % in annual expression against 7,5 % in October.
the basic contribution to inflation acceleration has brought a rise in prices for articles of food, in the big degree caused by adverse weather conditions of summer months, and also increase of the world prices for agricultural raw materials. At the same time annual rates of a gain of consumer prices on neprodovolstvennye last months were stabilised at rather low level, marks the Central Bank.
at the same time the statistical data for October, it is told in the message, have reflected preservation of the basic macroeconomic tendencies. A number of indicators of industrial sphere testified to the proceeded restoration of economic activity. In October index growth promproizvodstva was observed, growth of investments into fixed capital, the increase in crediting of economy bank sector against appreciable depreciation of extra resources proceeded.
following session of board of directors of Bank of Russia on which questions of a percentage policy will be considered, it is supposed to spend in December of current year.
the Central Bank has carried out Last decrease in discount rate on May, 31st current year, and since June, 1st the rate in Russia has been lowered on 0,25 percentage points - about 8 % to 7,75 % annual. After that already throughout half a year in connection with acceleration of inflation the regulator keeps the rate at invariable level.