Russian central bank sold $76 bn to prop up ruble in 2014: Data
The ruble`s fall plus Russian sanctions on most Western food imports led to price rises of 11.4 percent in 2014.
Jan 12, 2015, 15:58 PM IST
Russian inflation passes 10%
Russian inflation has climbed into double digits -- hitting 10.4 percent, data released Wednesday showed, indicating that prices could be growing faster than expected due to the depreciating ruble.
Dec 24, 2014, 20:06 PM IST
Russia hikes key rate to 17% after record ruble tumble
The Russian central bank early Tuesday announced a dramatic hike of its key interest rate from 10.5 to 17 percent after the ruble plunged to a fresh record low.
Dec 16, 2014, 09:49 AM IST
