Russia’s central bank on Friday unexpectedly left its key interest rates unchanged at 21%, citing improved monetary tightness that had created the conditions to tame sky-high inflation. ➡️ Markets had widely expected the central bank to hike interest rates by another 200 basis on Friday, after taking such a step in October. ➡️ Russia’s consumer price index hit 8.9% in November on an annual basis, up from 8.5% in October. Read more here: cnb.cx/3P76k7W
