Russia cuts key interest rate back to prewar level - CNBC
6/10/2022 12:00:00 AM2 years 10 months ago
by Elliot Smith
by Elliot Smith
The country's central bank cut its key interest rate by 150 basis points to 9.5% — the level it was at when Russia's invasion of Ukraine began.
The Central Bank of Russia on Friday cut its key interest rate by 150 basis points to 9.5% the level it was at when Russia's invasion of Ukraine began. Although acknowledging that the external envir… [+2078 chars]
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