The Kremlin and Russia’s Central Bank Clash Over Inflation and Currency Troubles
Russia’s Inflation and Currency Woes: Discord between Kremlin and Central Bank Russia’s central bank takes emergency measures to stabilize currency In recent weeks, Russia has been grappling with rising inflation and a plunging currency, leading to a growing disagreement between the Kremlin and the country’s central bank. In response, the Central Bank of Russia (CBR)…