The Union of Shopping Centres (STTs) estimates that half of the country’s shopping centres are facing high debt burdens. Many have taken out loans with floating rates, which creates a…
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Russia Central Bank
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Russia’s Central Bank Raises Rates to 18% Amid Inflation Woes
by Zack Ballby Zack BallRussia’s Central Bank on Friday raised its key interest rate from 16% to 18%, a widely anticipated move as the country struggles to fight inflation amid surging spending on the war in…