Fresh sanctions send Russian rouble to record low
CGTN, 28 Feb 2022
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Russia has raised interest rate to 20 percent from 9.5 percent on Monday in a dramatic attempt to stabilize the country's financial markets. Russia's Finance Ministry said it would order companies to sell at least 80 percent of their foreign currency earnings on the domestic market. CGTN correspondent Stuart Smith has more on this.
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https://www.cgtn.com/video
Russia has raised interest rate to 20 percent from 9.5 percent on Monday in a dramatic attempt to stabilize the country's financial markets. Russia's Finance Ministry said it would order companies to sell at least 80 percent of their foreign currency earnings on the domestic market. CGTN correspondent Stuart Smith has more on this.
Subscribe to us on YouTube: https://goo.gl/lP12gA
Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
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