Market Analysis
Russia’s Central Bank Scrambles to Raise Interest Rates as the Ruble Sinks
Russia makes a 3.5% emergency rate hike after the ruble falls below 100 to the dollar.
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LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Vladimir Putin is set to hold an emergency meeting with Russian policymakers.
Russia makes a 3.5% emergency rate hike after the ruble falls below 100 to the dollar.
Foreign firms continue to flee the country, adding more pressure on the ruble.
Russia's central bank is forced to postpone its CBDC pilot launch as it awaits for a legislation approval.
Short sellers have to wait till the Moscow Stock Exchange reopens to claim their unrealized profits.