Inflation Risks and Ruble Exchange Rate Dynamics

ruble exchange rate dynamics: "Inflation risks have increased due to a combination of factors, including the aggravation of geopolitical tension and its potential impact on the ruble exchange rate dynamics," the bank said in a statement, according to Deutsche Welle. Bracing for the worst The Bank of Russia said Friday its decision to raise its main interest rate by half a point to 8.0 percent was driven mainly by inflation worries linked to political developments. Friday increase was the third since March, when the central bank started tightening its monetary policy. (news.financializer.com). As reported in the news.