PR stunt or show of strength? Russia slashes interest rates - CNN


5/26/2022 12:00:00 AM2 years 11 months ago
by Mark Thompson, Clare Sebastian

Russia slashed interest rates on Thursday as a resurgent ruble — buoyed by robust oil and gas revenues and government support — takes some pressure off its wobbling economy.

Russia slashed interest rates on Thursday as a resurgent ruble buoyed by robust oil and gas revenues and government support takes some pressure off its wobbling economy. At an extraordinary meeting… [+3785 chars]

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