• 09/21/2024

Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War

New York Times

With the third-largest interest rate increase in a decade to shore up the ruble, Moscow’s policymakers are pursuing the conflicting goals of paying for the war against Ukraine and taming inflation.

https://www.nytimes.com/2023/08/15/world/europe/russia-ruble-economy-interest-rates.html