NewsWhore
06-04-2009, 04:00 AM
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Russia Reduces Benchmark Interest Rates to Boost Bank Lending (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaMpclS1kF.xc&cid=1254171308&ei=sIEnSqrNGoOWMYaz3JwH&usg=AFQjCNHDP6cJzFCkMVWHb-QLAyt4EAJ0XQ)
Bloomberg
The cost of money was increased to arrest the ruble's 30 percent drop since August and to prevent lenders using borrowed cash to speculate on the currency's decline as the global slowdown eroded demand for Russia's exports of oil, gas and metals. ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaMpclS1kF.xc&cid=1254171308&ei=sIEnSqrNGoOWMYaz3JwH&usg=AFQjCNHDP6cJzFCkMVWHb-QLAyt4EAJ0XQ)
Russia Reduces Benchmark Interest Rates to Boost Bank Lending (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaMpclS1kF.xc&cid=1254171308&ei=sIEnSqrNGoOWMYaz3JwH&usg=AFQjCNHDP6cJzFCkMVWHb-QLAyt4EAJ0XQ)
Bloomberg
The cost of money was increased to arrest the ruble's 30 percent drop since August and to prevent lenders using borrowed cash to speculate on the currency's decline as the global slowdown eroded demand for Russia's exports of oil, gas and metals. ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaMpclS1kF.xc&cid=1254171308&ei=sIEnSqrNGoOWMYaz3JwH&usg=AFQjCNHDP6cJzFCkMVWHb-QLAyt4EAJ0XQ)