Russia hikes interest rates to 12% as rouble falls
![](https://kbin.cafe/media/cache/resolve/entry_thumb/1f/28/1f28294597ae465f3632949a1e4a5b99d45330dd9ec84fbbbd286b0aa2d383c5.jpg)
Sigmatics, 8,5 to 12%, now that’s a big jump
driving_crooner, ![]()
Meanwhile the Brazillian central bank keep the interest rate at 13.75% even tough everyone is asking them to lower it.
MrMakabar, ![]()
3.99% inflation is reasonably high and lowering it is not necessarily the smartest move.
DieguiTux8623, Why do I have a feeling we’re heading to the same here in western Europe too?
misk, What russia is doing is in response to how badly they do against other currencies, western European ones included.
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