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21/07/2023 12:17 (UTC)

RUSSIA ECONOMY

Russian central bank raises interest rate to 8.5%

Moscow, Jul 21 (EFE/EPA).- (Camera: Maxim Shipenkov) The Central Bank of the Russian Federation raised the official interest rate from 7.5% to 8.5%, as the ruble's weakness fueled inflationary risks.

FOOTAGE OF THE RUSSIAN NATIONAL FLAG WAVING AT THE BANK OF RUSSIA HEADQUARTERS ON FRIDAY.

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