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US Mortgage Rate Jumps to 5.53% as Mortgage Applications Rose

May 11, 2022 Indices

The average interest rate on the most popular US home loan jumped to its highest level since 2009 last week,…

Russia. Moscow. Bank of Russia Governor Elvira Nabiullina at the expert discussion "A difficult conversation about economic growth" as part of the Gaidar Forum "Russia and the World after the Pandemic" at the RANEPA. Gavriil Grigorov/TASS photo host agency

Russia’s Central Bank Struggling to Find Forex Options on Western-Imposed Sanctions

April 18, 2022 Indices

Russian Central Bank has struggled to find options for its frozen foreign-currency reserves after Western nations imposed economic sanctions, says…