- Russia’s central bank on Feb. 28 raised its key policy interest rate to 20% from 9.5% as it tried to contain the fallout of Western sanctions imposed in retaliation against Moscow’s invasion of Ukraine.
- The Russian central bank also ordered companies to sell 80% of their foreign currency revenue, increased the range of securities that can be used as collateral to get loans and temporarily banned Russian brokers from selling securities held by foreigners. It did not specify to which securities the ban applied.
Source: Loan Digest (loandigest.net)
Breakingviews dasha_reuters It’s disgusting that the world is standing by and watching Russia slaughter innocent Ukrainian people!! NATO apparently has all this power !!! USE IT !! They are not a member What about humanity !!! It’s disgusting you are doing NOTHING to Russia !!!
dasha_reuters Breakingviews Turn the ruble into rubble.
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