{
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Russia central bank raises key interest rate to 21 percent amid inflation concerns

Russia's central bank has raised its key interest rate by 200 basis points to 21% to combat higher-than-expected inflation, which stands at 8.4% as of October 21. The bank warns of ongoing inflation risks, citing persistently high inflation expectations and adverse foreign trade conditions.
CNBC
Russian Ruble Kremlin Foreign Ministry RUS
Finance & Economy, News Article
12:48 25.10.2024
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