Russia's central bank pushes interest rates to 16% to try and cool war-time inflation

10/15/2023, 10:23 AM
businessinsider.com

Russia's central bank pushes interest rates to 16% to try and cool war-time inflation

REUTERS/Alexei Druzhinin/RIA Novosti/Kremlin

The Bank of Russia raised interest rates for the fifth consecutive time Friday, lifting them from 15% to 16%.

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