The central Bank of Russia decided to keep the key rate at the same level of 6%.
Other leading central banks are cutting their benchmark rates and providing massive liquidity injections.
The central Bank of Russia is solving other problems, including low oil prices and the ruble depreciation. Russia's economists suppose that lower rates could lead to a deeper drop of the national currency. At the same time, the regulator is not planning to support Russian business by lower loan rates.
The regulator had an idea to give 10 thousand rubles to each citizen in order to support the Russian economy during the crisis. However, this plan will hardly come into practice. Russians will not save the money as they will buy medicines and food. Thus, demand and production are likely to grow.
EUR/USD: markets are planning to take a pause.
The US and European markets are rising after a slump.
The euro can be sold from 1.0940 and higher.
