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Hikes Interest Rate to 20%, Asks Firms to Sell FX Reserves

Started by forex4you, Feb 28, 2022, 05:14 pm

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Hikes Interest Rate to 20%, Asks Firms to Sell FX Reserves

The 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.

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