![Russia hikes interest rates after rouble slides](/i/c/044d7eea-7956-4fb6-a805-a54dff4ce97c.webp)
Russia hikes interest rates after rouble slides
The Bank of Russia raises rates to 12% from 8.5% in a bid to boost the currency and lower inflation.
2023-08-15 16:58
![Russia rouble: No panic but currency fall will hurt](/i/c/18b48b82-c938-8b18-d4f1-fb0b3c1334f0.webp)
Russia rouble: No panic but currency fall will hurt
There's no sense of alarm in Moscow over the exchange rate slide but Russians will be adversely affected.
2023-08-14 23:45
![Russian rouble falls to 16-month low against US dollar](/i/c/11f6185f-051b-24d8-bcb0-0b59112daa84.webp)
Russian rouble falls to 16-month low against US dollar
The currency has been hit by rising imports and higher military spending for the Ukraine war.
2023-08-14 19:29
![What are the sanctions on Russia and are they hurting its economy?](/i/c/d6faf491-e6d6-f598-d261-36fbfc5db8b1.webp)
What are the sanctions on Russia and are they hurting its economy?
Western nations have imposed severe measures against Russia over its invasion of Ukraine.
2023-05-19 19:54