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Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War

August 15, 2023

By Anatoly Kurmanaev With the third-largest interest rate increase in a decade to shore up the ruble, Moscow’s policymakers are pursuing the conflicting goals of paying for the war against Ukraine and taming inflation.

Source: Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War

Category: Russian Invasion of Ukraine (2022), Economic Conditions and Trends, Ruble (Currency), Nabiullina, Elvira S, Banking and Financial Institutions, Currency, Interest Rates, Central Bank of Russia, Putin, Vladimir V, Russia, Ukraine, Politics and Government, Embargoes and Sanctions, Inflation (Economics), Prices (Fares, Fees and Rates), International Trade and World Market

    

Updated: August 15, 2023 at 10:44 pm
Tags: Russia
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