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Russian economy

World news about “Russian economy” published by euronews.

25/07 17:36 CET

Faltering Russian economy to take further hits from surprise interest rate rise

Faltering Russian economy to take further hits from surprise interest rate rise

In a surprise move Russia's central bank put up the cost of borrowing on Friday. Its main interest rate was raised by 0.5 to 8.0 percent, which will further slow economic growth. A statement from the bank repeatedly mentioned geopolitical tensions, indicating this was in…


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