Interest Rate Raised to 17% in Russia – New York Times

Interest Rate Raised to 17% in Russia
New York Times
MOSCOW — Russia has a new enemy: the currency markets. Russia's government is in the middle of an all-out fight to preserve the value of the ruble in the face of plummeting oil prices and Western sanctions over the Ukraine crisis. In the boldest move yet to …
Ruble Fails to Sustain Gains After Surprise Russia Rate IncreaseBusinessweek
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UPDATE 1-Rouble trims gains after opening sharply firmer on cbank rate hikeReuters
Financial Times –Chron.com
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