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Russia's central bank on Friday held interest rates unchanged after President Vladimir Putin cautioned against cutting borrowing costs prematurely. Moscow
Russia’s central bank on Friday held interest rates unchanged after President Vladimir Putin cautioned against cutting borrowing costs prematurely. Moscow last year hiked its key interest rate to 16 percent to combat a surge in inflation, as the Russian currency wobbled under the pressure of Western sanctions. The central bank said on Friday it was […]
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https://insiderpaper.com/russia-holds-rates-after-putin-urges-caution/
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