Consumer prices are expected to run hotter in a couple of months when March and April of 2020, which saw very low inflation, fall off the yearly reading.
Policymakers had said last month they would intervene if the market was unable to absorb expected year-end outflows as local banks unwound their so-called overhedge position.
Russia will more than double its output of durum wheat, used in the production of pasta and couscous, to 1.8 million tonnes by 2025, its agriculture ministry said.
U.S. Congressional lawmakers scrambled to pass a coronavirus aid package on Thursday with both parties saying that failure to reach an agreement was no longer an option.
World stocks scaled new peaks after lawmakers and aides said that Congressional negotiators were closing in on a $900 billion COVID-19 aid bill in the United States.
The lira has hit a series of record lows beyond 8 to the U.S. dollar this year, but has recovered some ground since Agbal was named governor and delivered the rate hike.