Russia's central bank hikes key interest rate to 12% in bid to support battered ruble
The extraordinary rate meeting came after the ruble plummeted past the 100 threshold against the dollar on Monday
Source: theglobeandmail.com
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Russia's Rouble Crisis: Central Bank Hikes Rates To 12%
Russia's central bank hiked interest rates to 12% in a sudden move to counter the rouble's sharp decline.
Source: oilprice.com
Russia hikes interest rates as rouble plummets amid strain of Ukraine war
The currency has lost around a fifth of its value against the US dollar since the invasion of Ukraine began last year. Western experts say the cost of military spending and sanctions are the main reasons.
Source: sky.com
Russia hikes interest rates to 10% in desperate bid to prop up the crumbling rouble
Russia's central bank governor Elvira Nabiullina (pictured) called an emergency meeting that ended with a rate rise from 8.5% to 12%.
Source: dailymail.co.uk
Russia hikes interest rates to 10% in desperate bid to prop up the crumbling rouble
Russia's central bank governor Elvira Nabiullina (pictured) called an emergency meeting that ended with a rate rise from 8.5% to 12%.
Source: thisismoney.co.uk