Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation.

Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to stem growing inflation as massive government spending on the military amid the fighting in Ukraine strains the economy’s capacity to produce goods and services and drives up workers’ wages.

  • Flying SquidMEnglish
    31•2 months ago

    Do you think either of those links makes your 18% claim true?

    Because otherwise I’m not sure why you replied to my comment a second time with those links after showing you that it wasn’t true. Those links also show it isn’t true.