See every side of every news story
Published loading...Updated

Russia's central bank cuts key interest rate to 11%, citing decreased stability risks

Summary by Ground News
The Bank of Russia lowered its key interest rate to 11% from 14%. That largely reverses a doubling of the key rate in the immediate aftermath of Russia's invasion of Ukraine. The initial hike to 20% from 9.5% in late February was intended to support a rapidly weakening ruble.

17 Articles

All
Left
3
Center
5
Right
3
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 45% of the sources are Center
45% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Financial Post broke the news in Canada on Thursday, May 26, 2022.
Sources are mostly out of (0)