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Interest rates in Russia are up sharply. The war hits the Russians in the pocket

Summary by money.pl
Russia's central bank, which is trying to fight inflation, has raised interest rates to 19 percent. Inflationary pressures are being exacerbated by public spending to support the offensive in Ukraine, AFP reported.
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Russia's central bank, which is trying to fight inflation, has raised interest rates to 19 percent. Inflationary pressures are being exacerbated by public spending to support the offensive in Ukraine, AFP reported.

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money.pl broke the news in on Friday, September 13, 2024.
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