The Russian Central Bank on Friday announced that it was cutting the key interest rate to 16.5%, down half a percentage point from 17%.
The quarter-point reduction marks the fourth consecutive rate cut since June, when the bank began…

The Russian Central Bank on Friday announced that it was cutting the key interest rate to 16.5%, down half a percentage point from 17%.
The quarter-point reduction marks the fourth consecutive rate cut since June, when the bank began…