MOSCOW —Russia’s central bank held its key interest rate at 16 percent on Friday, opting to leave borrowing costs unchanged after five successive rate hikes since last summer, still grappling with stubborn inflation pressure. The central bank had raised rates by 850 basis points since July, including an unscheduled emergency hike in August as the ruble tumbled past 100 to the dollar and the Kremlin Read The Rest at :
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