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The Russian central bank has once again raised its benchmark rate, citing inflationary pressure
The increase by 2 percentage points to 15% per annum is the biggest increase since May of last year
The Bank of Russia on Friday raised the key rate by 200 basis points to 15% per annum, stating that current inflationary pressures have significantly increased, to a level above the regulator’s expectations.
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https://www.rt.com/business/585942-russia-interest-rate-hike/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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