Russia's central bank hikes rates to fight inflation fuelled by military spending

Name: Russia's central bank hikes rates to fight inflation fuelled by military spending
Uploaded: 2024-09-13T13:07:05+00:00
Duration: 71 s
Channel: euronews (in English)
Description: Russia's central bank raised its interest rate by a full percentage point on Friday as government military spending in its invasion of Ukraine strains the economy.

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Russia's central bank raised its interest rate by a full percentage point on Friday as government military spending in its invasion of Ukraine strains the economy.