The bank raised the upper level of the rate corridor to 9.25 percent from 9.00 percent and the lower level - to 6.25 percent from 6.00 percent.

"We are committed to strengthening international cooperation and solidarity in the face of this enormous challenge," they said in a joint statement.

Officials in Mariupol, where residents have been subject to bombardments and without power, water and heat, said fighting had engulfed districts where Russian troops had broken through defences.

Western defence analysts suggested Russian troops were bogged down, particularly outside the capital, the invaders’ supply lines unable to provide troops with food and fuel. One U.S. estimate said the Russian death toll stood at 7,000 troops.

Uzbekistan will increase grain production by 1 million tonnes this year and will also increase the import of raw sugar from Brazil.

Oil production in February was below the country’s quota under OPEC+ commitments at 668,000 bpd. Azerbaijan is now set to produce 675,000 bpd in March and 682,000 bpd in April.