- cross-posted to:
- news@beehaw.org
- cross-posted to:
- news@beehaw.org
Udate: Russia raises interest rates: https://www.themoscowtimes.com/2023/08/15/russia-raises-interest-rates-to-12-after-ruble-plummets-a82150
Bank will discuss interest rate after high spending on war in Ukraine and drop in export revenues put further pressure on Russia’s economy.
And this is with all the fuckery they did to artificially stabilize the rouble. Sanctions are working hard man