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Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

Anatoly Kurmanaev
Author: Anatoly Kurmanaev

Written by

Anatoly Kurmanaev

in

Central Bank of Russia, Economic Conditions and Trends, Inflation (Economics), Interest Rates, Russia, Russian Invasion of Ukraine (2022)
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