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Home / Russia raises key interest rate again as inflation and exchange rate worries continue

Russia raises key interest rate again as inflation and exchange rate worries continue

Posted on September 15, 2023September 15, 2023 by admin

The Central Bank of Russia raised its key lending rate by one percentage point to 13 per cent on Friday, a month after imposing an even larger hike, as concerns about inflation persist and the ruble continues to struggle against the dollar.
Source: ctv business
Russia raises key interest rate again as inflation and exchange rate worries continue

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