Russia's Central Bank Raises Interest Rate to 12% in Emergency Move 🇷🇺
Russia's central bank unexpectedly increased its key interest rate by 3.5 percentage points to 12% on August 15 to stabilize the declining rouble. Find out what this means for the economy and currency stability.
Bangkok Post Group
51 views • Aug 16, 2023
About this video
Russia's central bank hiked its key interest rate by 350 basis points to 12% on Tuesday (August 15), an emergency move to try and halt the rouble's recent slide after a public call from the Kremlin for tighter monetary policy. - REUTERS
Video Information
Views
51
Duration
2:34
Published
Aug 16, 2023
Related Trending Topics
LIVE TRENDSRelated trending topics. Click any trend to explore more videos.