Tag: interest

  • Bucking the global trend, Russia lowers interest rates again.

    Moving in the opposite direction to much of the rest of the world, Russia‚Äôs central bank lowered its interest rate by 1.5 percentage points to 8 percent on Friday, taking it even lower than it was before the country invaded Ukraine. The bank said that inflation, at 15.9 percent last month, down from about 17 […]