Russia's central bank hikes rates to fight inflation fuelled by military spending

Russia's central bank raised its interest rate by a full percentage point on Friday as government military spending in its invasion of Ukraine strains the economy.

Sep 13, 2024 - 22:00
Russia's central bank hikes rates to fight inflation fuelled by military spending
Russia's central bank raised its interest rate by a full percentage point on Friday as government military spending in its invasion of Ukraine strains the economy.

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