Bank of Russia hikes key interest rate to 8.5 percentepaselect epa10759758 The Russian National flag flies atop the Bank of Russia (Central Bank of Russian Federation) headquarters in Moscow, Russia, 21 July 2023. The Central Bank of Russian Federation on 21 July hiked the key interest rate from 7.5 to 8.5 percent, as the weak ruble stoked inflationary risks. EPA/MAXIM SHIPENKOV

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