Russian Central Bank Hikes Interest Rate to 16% as Wartime Inflation Pressures Mount

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  • #38142
    TradersCom
    Keymaster

    Russia’s central bank on Friday may cut its policy rate again to stimulate the economy as imported inflation risk ebbs
    Capital controls have stemmed capital flight & created the mirage of #ruble strength, #RUB appreciated over 120% since March 7th

    #37639
    Helmholtz Watson
    Participant

    Russia’s Central Bank (CBR) in a fight to arrest inflation and the fall of the plummeting Rouble hiked 100bps Friday morning to 16 percent, for the fi
    [See the full post at: Russian Central Bank Hikes Interest Rate to 16% as Wartime Inflation Pressures Mount]

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