Russia’s central bank doubles interest rates and closes stock market as rouble plunges

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Country’s economy faces fallout from international sanctions prompted by invasion of Ukraine

Russia’s central bank has more than doubled interest rates to 20% and refused to open the Moscow stock exchange in an attempt to protect its currency and economy in the face ofThe rate rise, from 9.5%, is aimed to balance the precipitous fall in value of the rouble and surging inflation as the country braces for its financial markets to take a battering this week.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Putin like trump cares nothing for the people of his country. Only force will make him change. Every country should have volunteers going to Ukraine. Having 1000 planes attacking him will wake him up.

We need an air drop of food..milk powder..fruit,in Ukraine and Russia

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 /  🏆 84. in KR

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