The central bank of Russia cut its interest rate by 11 percent on Thursday and said it could make further cuts in the coming year as inflation eases from a peak of more than 20 years ago, and the economy begins to move towards contraction.
The central bank of Russia cut its interest rate by 11 percent on Thursday and said it could make further cuts in the coming year as inflation eases from a peak of more than 20 years ago, and the economy begins to move towards contraction.