Russia's Central Bank raises its key interest rates to 18%
Edited By WION Video Desk
Published: Jul 27, 2024, 24:05 IST | Updated: Jul 27, 2024, 24:05 IST
Russia's central bank hiked its key interest rate by 200 basis points to 18% on Friday, the highest level in more than two years, and vowed to continue tightening until inflation rates in an overheated economy come down.
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