Russian central bank governor says Dec. 20 rate hike not pre-determined
Another key interest rate hike is possible at the central bank's Dec. 20 rate-setting meeting, but such a decision is not pre ...
Bank of Korea Pledges Steps to Keep Markets Stable After Drama
The Bank of Korea pledged Wednesday to take a variety of steps to keep financial markets stable after the nation’s president ...
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Rouble Collapse Reveals Deep Russian Economic Woes
The Russian rouble dropped to 110 against the US dollar on November 27, its lowest level since the start of the war in Ukraine. It has since rallied ...
Russian rouble collapse exposes deep problems in the country’s economy
However, falling energy prices and tighter sanctions in 2023 caused a drop in Russia’s export revenue. The G7 countries, the ...
Russia's interest rate, inflation seen higher after rouble's fall: Reuters poll
The Russian central bank is set to raise its benchmark interest rate by another 200 basis points to 23% at its Dec. 20 board ...