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  • Rouble slide triggers 1.5% interest rate rise
Russia Banking & Finance

Rouble slide triggers 1.5% interest rate rise

03/03/2014

Rouble slide: In a bid to stop the rouble’s slide in the wake of the Ukrainian crisis, Russia’s Central Bank raised its key one-week purchasing interest rate by 1.5% to 7%. The Bank will review the situation at its next meeting on March 14 The Moscow Times.

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Topics: central banks, macroeconomics, rouble

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