Russia’s economy. The central bank cut its key interest rate … – Polish Radio

Russia's economy. The central bank cut its key interest rate … – Polish Radio

Igor Shuvalov presented the government’s anti-crisis plan deputies. It implies support for exporting and leaving at the same level of defense spending and agri – food. In other sectors of the economy will be necessary savings. When Shuvalov have told MPs about how the government is going to save the economy, the Central Bank decided to cut interest rates from 17 percent to 15 percent. The Russian currency market reacted to the news of violent repricing of the ruble. Dollar exchange rate has

increased by more than 2.5 ruble and exceeded 71 rubles. On the other hand, the euro jumped more than 3.5 ruble and is now 81 rubles.

M. Beam: Russia learns from their mistakes and not in danger of bankruptcy

TVN24 Business and World / x-news

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