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RUSSIA
Russian central bank surprises with sharper-than-expected rate hike to 8.5%
Russia’s central bank raised its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as the weak rouble added to inflation pressure from a tight labour market and strong consumer demand.
https://t.me/TheOfficialSantino
https://www.reuters.com/article/russia-rates-idUSKBN2Z10Q8
