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 Email a link to a friend (Opens in new window) Email Share on WhatsApp (Opens in new window) WhatsApp Share on Bluesky (Opens in new window) Bluesky More Share on Reddit (Opens in new window) Reddit Share on LinkedIn (Opens in new window) LinkedIn Share on Telegram (Opens in new window) Telegram Share on Mastodon (Opens in new window) Mastodon Share on Pinterest (Opens in new window) Pinterest Share on X (Opens in new window) X Related