Russia Raises Rates to Raise Stability

2018 has not been kind to the Russian Ruble.  Despite a improving macroeconomic statistics and a widening positive balance of trade the Ruble has lost more than 10% versus the dollar so far this year. So, the recent decision by the Bank of Russia to surprise everyone and raise interest rates 0.25% seems like a … Continue reading Russia Raises Rates to Raise Stability