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Russia Cuts Rate

Russian Central Bank Cuts Key Rate, Raises Oil Price Forecast

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Russia Cuts Rate

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Investing.com Commodities

According to a recent report from Investing.com Commodities, the Russian central bank has cut its key interest rate by 50 basis points. This move, announced on April 27, 2026, is accompanied by an upward revision of the bank's oil price forecast, largely due to the ongoing conflict in Iran. The implications of these developments could have a ripple effect on the global economy, including the mining and mineral exploration sectors. As reported by Investing.com Commodities, such economic shifts can influence commodity prices, including those of critical minerals like copper and zinc, which are of particular interest to companies operating in regions like Norway's Trøndelag.