Moscow, Dec 20, 2024 (AFP) - Russia central bank holds off rate hike after criticism

NAMPA / AFP
2024-12-20
Russia's central bank kept interest rates at 21 percent on Friday despite surging inflation, a surprise decision that follows criticism from the country's political and business elite over the effects of higher borrowing costs on the economy. Moscow has struggled to rein in inflation, which has soared in the wake of Moscow's almost three-year Ukraine offensive. Prices are rising fast across the Russian economy, pushed up by massive government sp......
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SWAKOPMUND, 11 December 2024 – South African Anglers pictured with their catch during the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – South African Anglers pictured with their catch during the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – South African Anglers while in action at the International Shore Angling Gala tournament which was held between Namibian and South African anglers in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – South African Anglers while in action at the International Shore Angling Gala tournament which was held between Namibian and South African anglers in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 11 December 2024 – A Namibian Female Angler while in action at the International Shore Angling Gala tournament which was held between Namibians and South Africans in Henties Bay. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas team poses for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions at a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas team poses for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions at a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas teams pose for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s women’s SPAR Proteas teams pose for a photo after defeating Uganda 65-50 in the final of the Africa Netball Cup 2024, to be crowned champions. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

SWAKOPMUND, 15 December 2024 - South Africa’s men’s team poses for a photo after defeating Eswatini 60-39 at the Africa Netball Cup 2024, to retain their title in a competition that was held in Swakopmund, Namibia, from 09 to 14 December 2024. (Photo by: Hesron Kapanga) NAMPA

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