Russia’s central bank raised its key interest rate by 100 basis points to 13% on Friday, jacking up the cost of borrowing for the third meeting in succession in response…
President Vladimir Putin’s economic adviser rebuked the central bank on Monday as the ruble slid past 101 per U.S. dollar, blaming its 30% year-to-date slump on loose monetary policy and…
Strikes on Moscow, public jitters and decreasing liquidity leave economists with concerns that the Ruble may eventually enter into “free fall.” The Russian Ruble (RUB) has continued to slide as…
Russia’s central bank slashes rate, saying inflation slows Newslooks- MOSCOW (AP) The Russian central bank slashed its key interest rate Friday just a month after dropping it to where it…
Russia is trying anything it can to persuade any country it can into supporting its invasion of Ukraine, and it is not above using blackmail to do it, of course…