Russia’s central bank reduces key interest rate to 11%, citing declining stability risks
Moscow, Russia: The Russian central bank has cut its key interest rate by 300 basis points for the third time since its emergency rise in late February, citing a cooling of inflation and a recovery of the ruble. KIRILL Kudryavtsev | AFP | Getty Images Russia’s Central Bank on Thursday cut its key interest rate …
Russia’s central bank reduces key interest rate to 11%, citing declining stability risks Read More »