Monday, December 15, 2014

Russia resorts to ‘drastic’ measure to stop ruble slide


popular .



CALISTHENICS WITH THE MARINES Vice President Jejomar Binay joins members of the Philippine Navy in their morning exercise at the naval station in Taguig City. Binay, who celebrated his 72nd birthday on Tuesday, later engages the Marines in a boodle fight, a Marine dining tradition. JOAN BONDOC


Binay laughs off claims his political career’s over




Floyd Mayweather Jr. and Manny Pacquiao. FILE PHOTOS


Mayweather-Pacquiao fight a go




t1215auction_feat


BenCab’s ‘Sabel’ sold for P20 million in León auction




Activists perform as heads of state, from left, President Barack Obama, Australia's Prime Minister Tony Abbott, Canada's Prime Minister Stephen Harper, China's President Xi Jinping, India's Narendra Modi, Russia's President Vladimir Putin and Japan's Prime Minister Shinzo Abe during the Climate Change Conference COP20 in Lima Peru, Friday, Dec. 12, 2014. The boat's sign reads in Spanish "Leave behind emissions. Climatic agreement." AP PHOTO/MARTIN MEJIA


Climate summit OKs watered-down pact






BCDA eyes sale of remaining BGC property




binay-poe-1210


Pulse Asia survey: Binay falling, Poe surging




Budget Secretary Florencio B. Abad


P10,000 more for government workers






Philippines awarded pair of slots in AFC Cup



videos





Indie Bravo! Night of renegades, game changers and amazing grace






Sinulog Dance steps for Pope Francis’ Visit to the Philippines






Alpha Phi Omega holds its annual ‘Oblation Run’






”I will be either your president or I shall be dead…”






Santiago questions motive behind ‘ridiculous’ supplemental budget






MOSCOW, Russia – The Russian central bank early Tuesday announced a dramatic hike of its key rate from 10.5 to 17 percent, a drastic move to stop an out-of-control ruble slide.


“This decision is aimed at limiting substantially increased ruble depreciation risks and inflation risks,” the central bank said in a statement posted on its website around 1:00 am local time (2200 GMT Monday).


RELATED STORIES


Russia threatens response if US sets new sanctions over Ukraine


NATO boosts support for Ukraine; condemns Russia






  • Tags:


  • drastic


  • economy


  • Inflation


  • key rates


  • ruble


  • Russia central bank




Related Stories:



  • Australia investigates ‘paedophile’ father in Thai baby scandal

  • Bangladesh ferry owner faces charges in sinking

  • Bangladesh ferry owner faces charges in sinking

  • Bangladesh ferry owner faces charges in sinking

  • Bangladesh ferry owner faces charges in sinking

  • Bangladesh ferry owner faces charges in sinking

  • Bangladesh ferry owner faces charges in sinking

  • Bangladesh ferry owner faces charges in sinking


Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.



Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.


To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.


Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:


c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94





seo tools
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)