CBR lowered its key interest rate from 14.5% to 14.0% on 24 July 2026. The key rate is used to calculate interest deductions and interest on late payment of overdue taxes, affecting the application of Russia's tax rules.
The Central Bank of Russia (CBR) has reduced the key interest rate from 14.5% to 14.0% on 24 July 2026.
The CBR’s key interest rate is applied in calculating interest deductions and the interest on late payment of overdue taxes.
This announcement was made on 24 July 2026.