Russia tries to prop up plunging ruble with large rate hike
By Dasha Litvinova and David McHugh | Associated Press TALLINN, Estonia — Russia’s central bank made a big interest rate hike Tuesday, an emergency move designed to fight inflation and …
By Dasha Litvinova and David McHugh | Associated Press TALLINN, Estonia — Russia’s central bank made a big interest rate hike Tuesday, an emergency move designed to fight inflation and …
The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Western sanctions weigh on energy exports and weaken demand for the national …