MOSCOW: The board of directors of the Bank of Russia decided on Friday to increase the key rate for the first time since December 2023 - by 200 basis points to 18% per annum, saying that inflation has accelerated and is developing significantly above the regulator's April forecast. According to TASS, the Bank of Russia noted that it would consider the necessity of further key rate increase at its upcoming meetings. Source: Emirates News Agency
OECD Unemployment Rate Hits Lowest Level in a Year at 4.9% in July 2026
September 11, 2026
Abu dhabi: The OECD unemployment rate reached 4.9% in July 2026, down from 5.0% in June and close to its