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Russia’s central bank has made a large interest rate hike of 3.5 percentage points. The move Tuesday is designed to fight inflation and strengthen the ruble after the country’s currency reached its lowest value since early in the war with Ukraine. The decisio…
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https://apnews.com/article/russia-central-bank-ruble-interest-rates-a680b840eaae767471180e2dca34fc86
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