Russia cuts key interest rate to 14%, says inflation could hit 23% this year - CNBC

4/29/2022 12:00:00 AM3 yearsago
by Elliot Smith
by Elliot Smith
The Central Bank of Russia has cut its key interest rate to 14% from 17% as it looks to mitigate the impact of economic sanctions.
The Central Bank of Russia has cut its key interest rate to 14% from 17% as it looks to mitigate the impact of international economic sanctions. In the aftermath of Russia's invasion of Ukraine and … [+3630 chars]
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