Russia surprises with a 25bp rate hike - forex leaning place

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Saturday, 15 September 2018

Russia surprises with a 25bp rate hike

The key reasons for the CBR's rate hike today included higher inflation risks based on the high degree of external uncertainty and its impact on financial markets. According to the CBR, a further rise in yields in developed markets, capital outflows from emerging markets and geopolitical risks could...


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