Ruble’s success against western sanctions prompts Russia’s interest rate reduction to 14%
The Central Bank of Russia has lowered its benchmark interest rate to 14% from 17%...
The Central Bank of Russia has lowered its benchmark interest rate to 14% from 17%...
Russia plans to offer India a dual-payment method to facilitate more transactions in local currencies as sanction continues to mount ...
Despite touch economic sanctions since the crisis in East Europe, the Russian currency, the ruble, appears to be strengthening.
RCB slammed the brakes last week with an unannounced interest rate cut, leading the ruble to fall.