The Central Bank of Russia raised its key lending rate by one percentage point to 13% on Friday, a month after imposing an even larger hike. > Concerns about inflation persist and the ruble continues to struggle against the dollar. In August the bank increased the lending rate to 12% — a jump of 3.5 percentage points — as the ruble fell to 100 against the greenback. https://www.euronews.com/2023/09/15/russia-raises-interest-rate-to-13-as-economy-struggles #Russia #economy