Friday, October 31, 2014

Russia’s central bank raises its key interest rate from 8% to 9.5%

Russia's central bank has raised its key interest rate from 8% to 9.5% to try and tackle inflation.


Analysts had only predicted a 0.5% rise, so the 1.5% rise comes as a surprise, amid economic woes for Russia after sanctions over the Ukraine crisis.


Tom Barton reports.


IN: Russia's Central Bank….

OUT: SOC

DUR: 45"


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