Bloomberg Television
@markets·3.2M subscribers·95.6K videos
Bank of Russia Raises Key Rate to 20%
Posted
February 28, 2022
Views
47,180
Likes
403
Comments
143
Engagement
1.16%
February 28, 2022
47,180
403
143
1.16%
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3:39Now PlayingThe Bank of Russia is raising its key interest rate to 20%. It had been at 9.5%. The central bank says external conditions have drastically changed and the hike is necessary to make bank deposits attractive. Bloomberg Economics' Scott Johnson discusses the move on "Bloomberg Daybreak: Europe."
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