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Russia raises the interest rate

» Updated: 14 September 2024, 23:35

» Published: 13 September 2024

Russia raises the interest rate
Photo: TT

Inflation is still too high, according to the Russian central bank, which is raising the interest rate from 18 to 19 percent. The bank is simultaneously warning that there may be more increases.

According to the central bank, inflation is around nine percent.

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By TTThis article has been altered and translated by Sweden Herald

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