Russia-Ukraine War: Russia Sharply Raises Interest Rates as Wartime Financial Problems Pile Up
New York Times
The country’s central bank raised interest rates 3.5 percentage points to stem rising prices and a weakening ruble. The move came after the national currency briefly fell below a key level with the U.S. dollar.
https://www.nytimes.com/live/2023/08/15/world/russia-ukraine-news