Ukraine invasion: Russia hikes key interest rate to 20% after rouble slumps to record low

Videos
Russia’s central bank has raised its key interest rate from 9.5% to 20% in an attempt to shore up the rouble after it plunged to a record low.

The currency plummeted after Western nations imposed new sanctions on the country for its invasion of Ukraine.

For the latest developments: https://qrcode.skynews.com/skynews/ukraineblog

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews

Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps:
Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol
Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Articles You May Like

Hollywood actor punched in the face on New York City street
OpenAI to begin rollout of most advanced ever ChatGPT
Emergency measure triggered to deal with prison overcrowding
Starmer makes six promises to ‘change Britain’
Sunak and Starmer facing historic unpopularity with ethnically diverse communities, polling suggests