central bank

Russia’s Central Bank Expected to Hold Key Rate at 16% as Inflation Risks Persist

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The Central Bank of Russia is widely expected to keep its key interest rate unchanged at 16% when policymakers meet on February 13, according to a consensus forecast compiled from market economists. The outlook reflects expectations that officials will prioritize inflation control amid still-elevated price pressures. Analysts surveyed by Reuters indicated that no rate adjustment … Read more

El Salvador Adds $50 Million in Gold to National Reserves Amid Diversification Push

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El Salvador has purchased approximately $50 million worth of gold, according to officials familiar with the decision, marking a notable move to diversify the country’s reserve assets beyond traditional currencies. The acquisition comes as governments worldwide reassess reserve strategies amid persistent inflation risks and global economic uncertainty. International media reports indicate the purchase was made … Read more