Tag
RUSSIAN CENTRAL BANK
The Central Bank of Russia has lowered its benchmark interest rate to 14% from 17%...
Russia plans to offer India a dual-payment method to facilitate more transactions in local currencies as sanction continues to mount on the East European country.
Despite touch economic sanctions since the crisis in East Europe, the Russian currency, the ruble, appears to be strengthening.
RCB slammed the brakes last week with an unannounced interest rate cut, leading the ruble to fall.