Russia's Central Bank hikes interest rate to 18% as inflation soars
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Russia's Central Bank hikes interest rate as inflation soars
https://apnews.com/article/russia-inflation-central-bank-interest-rate-3e38be1ceb58c7cbdfde674e591f1975
Russia’s Central Bank has raised its key lending rate to the highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow’s military action in Ukraine.
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The original was posted on /r/ukrainianconflict by /u/doughtnut2022 on 2024-07-27 00:45:13+00:00.