Russia/Ukraine conflict, ruble collapses and Moscow forced to hike interest rate

Wednesday, August 16th 2023 - 11:33 UTC

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Russia's 's central bank hiked its key interest rate to 12% on Tuesday. The 3.5 percentage point rise represents a bid to fight high inflation and the sharp depreciation of the country's currency against the US dollar. Read full article

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imoyaro
Good news!
Aug 19th, 2023 - 08:26 pm - Link - Report abuse 0
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