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currency crisis

World news about “currency crisis” published by euronews.

11/09 16:37 CET

Russia holds interest rates after rouble’s tumble

Russia holds interest rates after rouble’s tumble

Russia’s Central Bank has left interest rates unchanged amid turmoil surrounding the rouble’s decline, falling oil prices and rising inflation. After four cuts this year, the benchmark rate remains at 11 percent in a move that was widely expected. The news was…