Russia’s central bank, shaping policy and financial stability
Russia’s central bank has secured a court ruling against Euroclear in a dispute over frozen assets, with the Moscow Arbitration Court upholding the central bank’s claim for 18.2 trillion rubles. Euroclear is planning an appeal, while Moscow says the decision recognises actions as unlawful.
The Bank is cutting rates gradually, signaling a slower path as inflation remains above target. Analysts warn of autumn risks and tighter financing conditions, while growth slows and domestic pressures persist.