(Bloomberg) A tug-of-war is developing between investors and policymakers in emerging economies: markets keep dumping assets on concerns of growing risks, prompting authorities to wade in with one-off support measures aimed at stemming the selloff.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Fourth Indictment Lays Out Sweeping Georgia Election PlotOut of Options and Mo
(Bloomberg) Russia imposed an emergency interest rate hike and said another was possible as it tried to stem a plunge in the ruble, but the move didn’t prevent the currency from sliding in a drop that has cast a pall over the economy.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Fourth Indictment Lays Out Sweeping Georgia Election PlotOut of Options and Money, Argentina