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Russia’s economy

Russia’s central bank raises interest rate to 21% to fight inflation boosted by military spending

MOSCOW (AP) — Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high...

Russian central bank hikes rates to fight inflation fueled by military spending in growing economy

MOSCOW (AP) — Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government...

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