Rouble Slumps Over 10 Percent to Near 2-Week Low as Russia Slashes Rates Again

The Russian rouble slumped around 10 percent against the dollar in volatile trade to a two-week low on Thursday as the central bank cut interest rates to 11 percent and suggested more cuts would follow as inflation risks subside. The central bank cut its key rate by 300 basis points for the third time in ……
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