World News@lemmy.worldEnglish · 2 years ago

Russia hikes interest rates to 15% as inflation soars

www.bbc.com

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Russia hikes interest rates to 15% as inflation soars

www.bbc.com

alphacyberranger@lemmy.world

World News@lemmy.worldEnglish · 2 years ago

The Bank of Russia raises rates more than expected to try to lower inflation and boost the rouble.

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2 years ago

and property is being seized from oligarchs

Not sure why this is mentioned as tanking ruble.

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