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Russia’s central bank kept interest rates at 21 percent on Friday despite surging inflation, a surprise decision that follows criticism from the country’s political and business elite over the effects of higher borrowing costs on the economy…
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Russia central bank holds off rate hike after criticism
Russia’s central bank kept interest rates at 21 percent on Friday despite surging inflation, a surprise decision that follows criticism from the country’s political and business elite over the effects of higher borrowing costs on the economy…