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 روسيا ترفع أسعار الفائدة إثر تراجع الروبل infographic
Graphic shows rouble-dollar exchange rates since Feb 2022.
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روسيا ترفع أسعار الفائدة إثر تراجع الروبل

August 16, 2023 - رفع المصرف المركزي الروسي سعر الفائدة الرئيسي إلى 12 في المائة بعد أن تجاوز الروبل عتبة الـ 100 مقابل الدولار.

The Kremlin said loose money policy was to blame for the weakening rouble, which has also been dragged down by the impact of Western sanctions on Russia's balance of trade as military spending soars.

The rouble has raced a turbulent course since Russia invaded Ukraine in February 2022, slumping to a record low before recovering to a more than seven-year high a few months later, supported by capital controls and surging export revenues.

While President Vladimir Putin has repeatedly hailed the resilience of Russia's $2 trillion economy, the strains of fighting the biggest land war in Europe since World War Two and what the West casts as the toughest sanctions in history are starting to bite, Reuters said.

Sources
PUBLISHED: 16/08/2023; STORY: Graphic News
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