WITH the CBRT’s return to weekly repo auctions, the bank’s funding rate in the market fell from 40% to 37%. This change paved the way for the interest rate-cutting process. There is a consensus in the market that the policy rate will be reduced...
the CBRT’s return to weekly repo auctions, the bank’s funding rate in the market fell from 40% to 37%. This change paved the way for the interest rate-cutting process. There is a consensus in the market that the policy rate will be reduced...
IN August, on a seasonally adjusted basis, confidence indices increased in the real sector, while they declined in the services, retail trade and construction sectors. Real sector confidence increased by 1.2% to 102.4, Services declined...
The PCE price index exceeded expectations in July, rising 3.7% year-on-year against the 3.6% forecast, remaining nearly twice the target. Core PCE stood at 3.3% year-on-year. Following the data, the dollar recorded its strongest rise in four...
ACCORDING to CBRT data, total reserves increased by $4.95 billion in the week of August 21, reaching $188.45 billion. Gross foreign exchange reserves decreased by $938 million, while gold reserves increased by $5.89 billion to $114.22 billion....
EXPORTS increased by 2.9% in July to $25.623 billion, while imports increased by 5.1% to $32.966 billion. In the January-July period, exports increased by 3.4% to $161.539 billion, while imports increased by 4.7% to $222.085 billion.