misk@sh.itjust.works to

Europe@feddit.deEnglish · 2 years ago

Russia hikes interest rates to 12% as rouble falls

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Russia hikes interest rates to 12% as rouble falls

misk@sh.itjust.works to

Europe@feddit.deEnglish · 2 years ago

6

The Bank of Russia raises rates sharply in an attempt to boost the currency and lower inflation.

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misk@sh.itjust.worksOP
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2 years ago
What russia is doing is in response to how badly they do against other currencies, western European ones included.

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