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Ruble rebounds after key rate hike

September 14, 15:27 UTC+3

The Bank of Russia lifted the key rate to 7.5% earlier in the day

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© Dmitriy Rogulin/TASS

MOSCOW, September 14. /TASS/. The Russian currency has started growing after the Bank of Russia decided to increase the key rate to 7.5% per annum.

The dollar dropped by 71 kopecks to 67.54 rubles. The euro lost 73 kopecks to 79.04 rubles.

The Bank of Russia lifted the key rate to 7.5% earlier today against the background of growing inflation risks.

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