Home Economics Russia’s Richest Lose $10 Billion in Two Days

Russia’s Richest Lose $10 Billion in Two Days

Russia’s Richest Lose $10 Billion in Two Days
Russia’s 20 richest businessmen have lost $10 billion this week according to Bloomberg’s Billionaire Index after the Central Bank of Russia hiked up interest rates by 7% on Tuesday in a bid to stop a currency slide which has seen the Russian rouble devalue faster than during the 1998 financial crisis. In his annual press conference…

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