Russia hikes rates to 13% in scramble to lower inflation and prop up the sagging ruble

Russia hikes rates to 13% in scramble to lower inflation and prop up the sagging ruble

Russian President Vladimir Putin takes part in a news conference after an EU-Russia Summit in Brussels January 28, 2014. Putin said on Tuesday it would honor its obligations to lend Ukraine $15 billi… [+2048 chars]

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