The Bank of Russia raised interest rates by 1.5 percentage points seeking to slow surging inflation and shore up the sagging ruble as the economic cost of sanctions and falling oil prices deepens.
WSJ.com: World News, Wall Street Journal: World
Fri, 10/31/2014 - 8:49am
The Bank of Russia raised interest rates by 1.5 percentage points seeking to slow surging inflation and shore up the sagging ruble as the economic cost of sanctions and falling oil prices deepens.