Russia's central bank is likely to leave its key lending rate at a record low of 7.5 percent at its July 30 board meeting, amid lower inflationary pressure, analysts polled by RIA Novosti said on Thursday.
Since April 2009, the central bank has lowered its refinancing rate 14 times from 13 percent to facilitate the country's exit from recession.
Analysts, however, disagreed on the effect the drought, caused by a persistent heat wave in Russia, would have on consumer price growth and the level of the central bank's benchmark interest rate by the end of the year.
RIA Novosti
