Russia central bank more than doubles key interest rate to 20% to boost sinking ruble

https://www.cnbc.com/2022/02/28/russia-central-bank-hikes-interest-rates-to-20percent-from-9point5percent-to-bolster-ruble.html?utm_content=Main&utm_medium=Social&utm_source=Facebook&fbclid=IwAR0koz09wF2jre76jKexoTl78N_8mLRdJ7wNUpaeFlVRTTbWPO3DlQv_s4I#Echobox= [login to see]
Russian government bank now resorting to desperation measures due to egregious inflation from devalued ruble (courtesy of economic sanctions and deteriorating political reputation)