Russian Ruble Rate (USDRUB) Slumps, Russian Equities Hit Hard on SWIFT Expulsion

The Bank of Russia hiked interest rates to 20%, from 9.5%, in an effort to stem the Russian Ruble's heavy losses after the US and the West imposed a SWIFT banking ban this weekend.

from DailyFX – Market News https://bit.ly/3C0B9DV
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