The Bank of Russia raises rates to 12% from 8.5% in a bid to boost the currency and lower inflation.
#Russia #hikes #interest #rates #rouble #slides
Russia hikes interest rates after rouble slides #Russia #hikes #interest #rates #rouble #slides
![](https://timesofworld.news/wp-content/uploads/2023/08/130802159_gettyimages-1251759254.jpg)
The Bank of Russia raises rates to 12% from 8.5% in a bid to boost the currency and lower inflation.
#Russia #hikes #interest #rates #rouble #slides