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Finance

World news about “Finance” published by euronews.

12/09 15:17 CET

Bank of Russia keeps powder dry for future inflation and growth problems

Bank of Russia keeps powder dry for future inflation and growth problems

Faced with the twin problems of rising inflation and weakening economic growth, Russia's central bank has kept the cost of borrowing unchanged. At their regular monthly meeting, Bank of Russia policymakers decided to keep the bank's key interest rate at 8.0 percent - it has…