Russian central bank cuts key interest rate

Russia’s central bank has cut a key interest rate, which it had hiked in previous months to support the rouble, in order to help the economy.

Russian central bank cuts key interest rate
Fri, 30 Jan, 2015 - 11:25

Russia’s central bank has cut a key interest rate, which it had hiked in previous months to support the rouble, in order to help the economy.

The rouble dropped 1.6% to 69.8 roubles against the dollar following the announcement.

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