Nabiullina did not rule out a further increase in the key rate until the end of the year

She said this during a press conference. 

She noted that the Central Bank does not exclude the adoption of standard steps.

“The fork that we gave before the end of the year allows for such an option,” RIA Novosti quotes her as saying.

She clarified that the Central Bank does not give forecasts for the peak of the key rate hike.

On October 22, the Central Bank of Russia decided to raise the key rate by 0.75 percentage points to 7.5%.

Nabiullina also said that the dynamics of Russia's GDP excluding agriculture in the third quarter is assessed as positive.