15-08-2023, 03:51 PM
15-08-2023, 04:46 PM
Putin is
and is
Good. 
Russia’s central bank on Tuesday hiked interest rates by 350 basis points to 12% at an emergency meeting, as Moscow looks to halt a rapid depreciation of the country’s ruble
currency.. The ruble slumped to near 102 to dollar on Monday, as Putin’s economic advisor, Maxim Oreshkin, penned an op-ed in Russian state-owned Tass news that blamed plunging currency and the acceleration of inflation on the “loose monetary policy” of the central bank.
The Bank of Russia subsequently announced an extraordinary meeting on Tuesday to reassess its key interest rate, which previously sat at 8.5%. In its announcement, central ban said decision was aimed at “limiting price stability risks” as “inflationary pressure is building up.”
Russia’s annual inflation rate stood at an annual 4.4% over the first seven days of August, and the Bank of Russia said that upward pressure has continued to mount, with current price growth over the last three months averaging an annualized 7.6% on a seasonally adjusted basis. Core inflation over the same period rose to 7.1%.





Russia’s central bank on Tuesday hiked interest rates by 350 basis points to 12% at an emergency meeting, as Moscow looks to halt a rapid depreciation of the country’s ruble
currency.. The ruble slumped to near 102 to dollar on Monday, as Putin’s economic advisor, Maxim Oreshkin, penned an op-ed in Russian state-owned Tass news that blamed plunging currency and the acceleration of inflation on the “loose monetary policy” of the central bank.
The Bank of Russia subsequently announced an extraordinary meeting on Tuesday to reassess its key interest rate, which previously sat at 8.5%. In its announcement, central ban said decision was aimed at “limiting price stability risks” as “inflationary pressure is building up.”
Russia’s annual inflation rate stood at an annual 4.4% over the first seven days of August, and the Bank of Russia said that upward pressure has continued to mount, with current price growth over the last three months averaging an annualized 7.6% on a seasonally adjusted basis. Core inflation over the same period rose to 7.1%.
15-08-2023, 04:49 PM
Those who had taken big loans die flat. Just like those in Singapore, about half the rate. English-speaking countries tend to take up loans.
China just lower their interest rates.
China just lower their interest rates.
15-08-2023, 04:58 PM
Putin 3m soldiers eating Grass. 

15-08-2023, 05:00 PM
(15-08-2023, 04:49 PM)theold Wrote: [ -> ]Those who had taken big loans die flat. Just like those in Singapore, about half the rate. English-speaking countries tend to take up loans."China just lower their interest rates."
China just lower their interest rates.
It is a Good news.

15-08-2023, 05:08 PM
Cannot be, those little pink and wumao had been claiming that putin's ruble and winnie's RMB had already joined hands to whack USD together until the whole planet ish also dumping USD liao leh. 

15-08-2023, 05:10 PM
Those who take up big loans better quickly search for lower rates for renewal in advance. The amount is no joke.
18-08-2023, 07:29 PM
(15-08-2023, 04:58 PM)Tee tiong huat Wrote: [ -> ]Putin 3m soldiers eating Grass.The Unthinkable Has Become Routine’ – Another Drone Hits Central Moscow. Putin claimed the drone had been “exposed to air defense weapons” yet it still managed to fly right into the heart of the Russian capital, explode, and damage buildings