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Russia's central bank raised its key interest rate for the third time in two months on Friday as it grapples with high inflation
Russia’s central bank raised its key interest rate for the third time in two months on Friday as it grapples with high inflation and a weaker ruble. “The Bank of Russia Board of Directors decided to increase the key rate by 100 basis points to 13 percent per annum. Inflationary pressure in the Russian economy […]
The post Russian central bank raises key rate amid weaker ruble appeared first on Insider Paper.
https://insiderpaper.com/russian-central-bank-raises-key-rate-amid-weaker-ruble/
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