The head of the Russian central bank expressed concern Feb. 11 about the volatility of the ruble, which has been shaken by fluctuations in the price of oil, and said a rate hike may be needed to counteract inflation risks.
Agence France-Presse: Russia’s Central Bank ‘worried’ at ruble volatility
A woman walks past a board listing foreign currency rates against the Russian ruble in Moscow, on Jan. 21.
