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18% prime lending rate in Russia right now. Oof!
| This clearly means that the companies in Russia are experiencing a 18%+ ROI. : )
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| The central bank warned of economic overheating as it hiked rates to 18% last week.
Russia's economic growth relies heavily on large-scale government spending on arms production as Moscow funds its war in Ukraine, contributing to soaring real wages in a tight labour market with unemployment at a record low.