Hikes Interest Rate to 20%, Asks Firms to Sell FX ReservesThe Central Bank of announced on Monday the increase of its key interest rate from 9.5 percent to 20 percent that came as an emergency move.
Source: Hikes Interest Rate to 20%, Asks Firms to Sell FX Reserves (https://www.financemagnates.com/institutional-forex/-hikes-interest-rate-to-20-asks-firms-to-sell-fx-reserves/)