How Russia’s key rate reaches business borrowing decisions
A central-bank rate works through financial conditions; it does not directly set every company’s loan.
Explainer · September 6, 2026Explore the edition
Economy
Economy: source briefs and explainers from Business & Russia.
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Price stability is not the same as a fixed ruble exchange rate
Domestic purchasing power and a currency’s external value are related, but different, concepts.
Explainer · September 6, 2026