English

FILE - A Moscow fashionista poses in a street of expensive boutiques not far from Red Square in Moscow, Russia, Monday, Aug. 21, 2023.

Business

Video. Russia raises interest rate to 13% as economy struggles

Updated: 20/09/2023 - 16:56 GMT+2

The Central Bank of Russia raised its key lending rate by one percentage point to 13% on Friday, a month after imposing an even larger hike.

Read full article

Top stories

Now playing Next

Latest news bulletin | May 14th, 2026 – Midday

Now playing Next

Final preparations ramp up ahead of WUF13

In partnership with World Urban Forum

Now playing Next

Trump and Xi toast each other at Beijing banquet

Now playing Next

Thailand's prehistoric giant: New dinosaur is biggest ever found in Southeast Asia

Now playing Next

Iran national team heads toward 2026 World Cup amid 'death to America' chants in Tehran

Now playing Next

Elon Musk brings son X Æ A-Xii to high-level business meeting with China’s premier

Now playing Next

Hungary's Orbán-era wartime state of emergency ended, PM Péter Magyar says

ADVERTISEMENT

ADVERTISEMENT

More from Business

Business

Europe’s AI Conundrum: Watch the Brussels Economic Forum 2026

Business

Contentious EU-Mercosur trade deal takes provisional effect

Business

Europe moves to break Visa and Mastercard's grip — but not everyone agrees

Business

Why investment in Caspian transit routes is crucial for energy security

Latest video

Europe in Motion

Tariffs, weak demand and climate confusion drag EU business investment rate to 11-year low

The Cube

Deepfake Meloni clips distort relations between Italy and Israel

Europe News

Latvian Prime Minister Evika Siliņa announces shock resignation after week of scandals

Europe Today

Watch: Silicon Valley in Beijing—should Europe be worried?

Europe Today

It will be hard to survive if the EU does not speak with one voice, MEP tells Euronews

Europe Today

'Barbaric' LGBTQI+ conversion therapy akin to 'torture', EU commissioner tells Euronews

No Comment

Ukraine: Russian drone and missile barrage slams Kyiv, killing at least one

No Comment

Watch: Key moments from Trump’s first day in Beijing

ADVERTISEMENT

Europe Today

Europe Today: Trump meets Xi Jinping as Brussels watches nervously

Art

Urban Art Biennale: Rust, dust and decay revamps Germany's Völklingen ironworks

Ukraine

Russian attack on Kyiv continues overnight, killing at least five people

China

Xi says China and US advancement go 'hand-in-hand' as Trump extends invitation to White House

No Comment

250,000 pilgrims gather at Fatima shrine in Portugal for annual candlelight Mass

China

Trump arrives in Bejing for crucial summit, welcomed by Vice President Han

No Comment

Princess Catherine visits Italy on first overseas trip since cancer diagnosis

The Ring

Is Global Europe the answer to shifting alliances? MEPs debate in The Ring

ADVERTISEMENT

ADVERTISEMENT