The Russian market reacted to the Central Bank's decision to keep the key rate at 14%

The Russian market reacted to the decision of the Bank of Russia to maintain the key rate at 14 percent. As of 13:49 Moscow time, the Moscow Exchange index fell to 2279.91 points, which is 1.26 percent lower than the close of the evening session on Thursday, trading data shows.

As of 13:50 Moscow time, the index continued to decline and amounted to 2,276.03 points (-1.42 percent by Thursday). At its minimum, the index dropped to 2274.21 points.

The Central Bank on Friday kept the key rate at 14 percent per annum. Thus, the regulator interrupted the one-and-a-half-year cycle of monetary policy easing (MPE), which had lasted since June 2025. The Central Bank explained its decision by the acceleration of core inflation to 5-6 percent in annual terms, caused by temporary disruptions in production in a number of industries.