Read also
- Russian Central Bank raises key rate to 7.5% amid rising inflationary risks
- Russia’s economy minister says no long-term factors for ruble’s weakening in place
- Lavrov warns abuse of dollar's role as global reserve currency will weaken its positions
- Russia not renouncing dollar as universal reserve currency, Putin says
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.