The measure was announced after the Russian ruble on Monday also came under pressure.
The value of the currency fell by 10 percent. That’s the biggest drop since 1998. In the afternoon were first required more than 59 rubles to buy one dollar. The bank is now trying “inflation risks and a further depreciation of the ruble” prevent by raising interest rates.
The idea is that Russians spend less and save more. The ruble is under pressure due to the large uncertainty about the Russian economy and the sharp fall in oil prices.
That scribbled something on Monday, but due to the decrease of over 40 percent in recent months, always at the lowest point in years.
The value of the Russian currency since the beginning of the year, though with more than 45 percent smaller than the dollar. The central bank tried to stabilize the ruble by incorporating this several times to raise interest rates. Also, the bank purchased on international markets rubles. But that had so far not produced the desired effect
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