BBCNEWS BBC News February 28, 2022 10:53:00
Abroad. the gun and has tried to improve the value of the currency through an emergency interest hike, doubling interest rates up to 20% in one day, an extraordinary move. central banks would normally have another tool at their disposal, selling foreign exchange holdings, the dollars and pounds they hold, and buying roubles, but sanctions on the russell central bank house limited russia's ability to do that. we think the russian bank hasn't to support the currency in the wait would like to because so much is held abroad at.— held abroad at. international companies — held abroad at. interna...