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Home to the world’s top-performing currency this year, Russia cuts interest rates for the first time since 2022
Russia's central bank cut its key interest rate by 100 basis points to 20% on Friday, marking the first reduction in rates since 2022, the same year the country invaded neighbor Ukraine. "Current inflationary pressures,
Russia’s central bank hiked its main interest rate by 3.5 percentage points to 12% Tuesday after the ruble hit a 17-month low the previous day. The Bank of Russia said its decision — made at a ...
The Central Bank of Russia surprised economists with a 1.5% interest rate cut. Russian interest rates are now below where they were prior to the Ukraine invasion. Get stock picks, daily ...
Last Friday, Russia’s Central ... less responsive to rate hikes, the key rate remains the bank’s primary tool for managing inflation, which isn’t expected to come down any time soon. Meduza ...
China cuts interest rates to help its economic... Russia's Central Bank Cuts Key Rate to 7.5% By Investing.com - Sep 16, 2022 2 By Scott Kanowsky Investing.com -- Russia's central bank has ...
Russia has hiked interest rates to 12% after the rouble fell to its lowest value in 16 months. The currency fell past 100 per dollar on Monday, prompting Russia's central bank to hold an ...
Russia's interest rate hikes might not be an effective tool to fight inflation, the head of VTB bank said. The Bank of Russia has faced criticism since raising the key rate to 21% in October ...
The central bank raised Russia’s benchmark interest rate to 21 percent during its regular monetary policy meeting. That makes borrowing in the country even more expensive than at the start of ...
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