Russia Lowers Interest Rate To 8% ...Middle East

Moscow: Russia’s central bank has decided to cut the key interest rate by 150 basis points to 8 per cent per annum, the fifth consecutive reduction since April. “Current consumer price growth rates remain low, contributing to a further slowdown in annual inflation. This is due to both the influence of a set of one-off factors […] The post Russia Lowers Interest Rate To 8% appeared first on Ommcom News.

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