Russian central bank jacks up rates to 12%

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 sl...

Bangkok Post Group51 views2:34

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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

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Published
Aug 16, 2023

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