Russia’s Central Bank Holds Key Rate at 10%

The video discusses the Bank of Russia's commitment to its inflation targets, with no further rate cuts planned for the year. The CEO of Carlsberg shares insights on the Russian market, noting a decline but expressing confidence in future value growth. The Russian economy is expected to return to growth, albeit slowly, after a prolonged recession. Inflation is falling faster than expected, partly due to high interest rates. Additionally, Putin and Abe have made progress in resolving the Kuril Islands dispute, focusing on economic cooperation.

What was the Bank of Russia's approach to interest rates in 2016?

• They planned to increase rates significantly.

• They pledged to maintain rates without further cuts.

• They aimed to decrease rates to boost the economy.

• They decided to cut rates multiple times.

What factor is expected to impact the Russian market in 2017 according to the CEO of Carlsberg?

• Introduction of new taxes

• Ban on large bottles

• Rise in export tariffs

• Increase in consumer spending

How did the Russian economy perform during its longest recession in two decades?

• It experienced significant growth.

• It remained stable with no growth.

• It declined by over 5%.

• It showed anemic growth of less than 1%.

What is the Bank of Russia's target inflation rate by the end of 2017?

• 8%

• 2%

• 4%

• 6%

What was the outcome of the discussions between Vladimir Putin and Shinzo Abe regarding the Kuril Islands?

• They planned to divide the islands equally.

• They reached an agreement for economic cooperation.

• They decided to ignore the dispute.

• They agreed to military cooperation.