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Published 16:23 IST, July 26th 2024

Russian central bank hikes rates by 200 bps to 18%, highest in more than 2 years

The market was expecting the hike, a Reuters poll of economists showed, though some dissenting voices in the Russian elite had favoured a more dovish approach.

Reported by: Thomson Reuters
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Russia central bank
Russia central bank | Image: Reuters
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16:23 IST, July 26th 2024