Russian Central Bank Raises Benchmark Rate to 21%,Highest in Two Decades
On Friday, the central bank of Russia increased its key interest rate by 200 basis points to 21%, the highest level since the early years of President Vladimir Putin’s rule,
IMF
Japan’s Economy to Benefit from Weak Yen, IMF
Nada Choueiri, the chief of the International Monetary Fund’s Japan mission, stated to Reuters on Friday that a weaker yen is advantageous for Japan’s economy, as the increase in exports