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Economic crisis

World news about “Economic crisis” published by euronews.

31/10 16:11 CET

Rouble’s slump continues despite huge interest rate hike by Russian central bank

Rouble’s slump continues despite huge interest rate hike by Russian central bank

An attempt by Russia's central bank to put a floor under the slumping rouble has failed. The bank raised its main interest rate much more than expected, but the Russian currency got only a slight bump for a few minutes and then continued to head south. The 1.5 percent…