MOSCOW - Russia's central bank unexpectedly cut its main interest rate on Jan. 30 as fears of recession mount in the country following the fall in global oil prices and Western sanctions over the Ukraine crisis.
Russia's War Against Ukraine
Reuters: Russian central bank makes surprise interest rate cut
A man speaks on his mobile phone under a board listing foreign currency rates against the Russian ruble outside an exchange office in central Moscow, on Dec. 17, 2014.