Russia s interior ministry has added former deputy governor of the Bank of Russia and finance minister Sergei Aleksashenko to its wanted list. Aleksashenko, who criticized Russia s war in Ukraine, has been living in exile in the US after falling out with Putin s government. He has been listed on the database for five years.
The Bank of Russia raised its benchmark rate by a bigger-than-expected 200 basis points on Friday as inflationary pressures moved significantly above expectations.
(Bloomberg) Russia’s central bank raised interest rates far more than forecast, alarmed that inflationary risks are still on the rise even after a reimposition of capital controls took pressure off the ruble.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaUS Military Attacks Two Syrian Facilities It Says Linked to IranChina, US Release Dueling Videos With Accusations of Provocat