The Russian central bank kept its key rate on hold at 21% on Friday, in line with expectations, and said more rate hikes were still possible in the future as inflationary pressures have decreased but remain high.

With U.S. support for Ukraine in doubt, Kyiv's European allies are weighing whether to seize $300 billion in frozen Russian assets and use the money to compensate Ukraine, support its military and help rebuild shattered homes and towns.

The Bank of Russia held its key interest rate at 21% on Friday, as expected, and signaled that further hikes remain a possibility if inflation does not decline fast enough. The central bank cited high but easing inflationary pressures,