Shock: Russia raises interest rate to 17 percent by The Bulldog • December 16, 2014 Russia has raised its key interest rate from 10.5 percent to 17 percent in a desperate attempt to stop the slide of the ruble. Some say the economy cannot sustain the shock for very long. Bloomberg share this story Click to email a link to a friend (Opens in new window) Email Click to share on WhatsApp (Opens in new window) WhatsApp Click to share on Bluesky (Opens in new window) Bluesky More Click to share on Reddit (Opens in new window) Reddit Click to share on LinkedIn (Opens in new window) LinkedIn Click to share on Telegram (Opens in new window) Telegram Click to share on Mastodon (Opens in new window) Mastodon Click to share on Pinterest (Opens in new window) Pinterest Click to share on Pocket (Opens in new window) Pocket Click to share on X (Opens in new window) X Related