Sky News
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Ukraine invasion: Russia hikes key interest rate to 20% after rouble slumps to record low
Posted
February 28, 2022
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February 28, 2022
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2:38Now PlayingRussia's central bank has raised its key interest rate from 9.5% to 20% in an attempt to shore up the rouble after it plunged to a record low.
The currency plummeted after Western nations imposed new sanctions on the country for its invasion of Ukraine.
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