NEGÓCIOS
Rússia aumenta juros com rublo a cair
August 16, 2023 -
O banco central da Rússia aumentou a taxa de juro de referência para
12 por cento depois de o rublo passar o limiar de 100 para um dólar pela primeira vez desde março do ano passado.
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.
- Russia's rouble strengthens in volatile trade after emergency 350 bp rate hike (Reuters)
- Russian rouble falls to 16-month low against US dollar (BBC)
- Russian rouble steadies near 97 vs dollar after emergency rate hike (Reuters)
- Rouble firms past 52 against dollar for first time since May 2015 (Reuters)