Russia's Key Interest Rate Hike

Over the past 18 months, Russia has been in conflict with Ukraine. A considerable number of sanctions are currently in effect against the Russian economy. This has significantly weakened the Russian economy. Russia faces a substantial challenge in economic growth and current account recovery.

The stronger the economy, the stronger the state. In recent months, the Russian economy has shown certain problems, which could also be one of the causes of instability in the region.