Russian Central Bank to raise key interest rate from 9.5% to 20%

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Russian Central Bank to raise key interest rate from 9.5% to 20%
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Russia's central bank said it will raise its key interest rate from 9.5% to 20%, as sanctions imposed by the US and NATO allies bite

From CNN's Ivana Kottasova and Olga Voitovich in KyivThe Ukrainian capital had a"calm" night on Sunday, Kyiv City Council said Monday morning — but authorities warned residents should remain home as fighting continued.

"Overall, last night was calm, excluding some skirmishes and fights with sabotage and reconnaissance groups. However, the city was mostly busy preparing for its defense. So, if you'll happen to go to the city after 8:00, you'll see fortifications, tank traps, and other defensive structures that have appeared on the streets of Kyiv," the council said in a statement.

Grocery stores and public transportation in Kyiv will be open from 8 a.m. local time, though metro trains will run less frequently than usual. "Please don't leave your homes unless you have an urgent need," such as buying groceries or medicine, the statement said, adding that"street fights continue to occur in the streets of every district in the city."

"We urge you to join forces and help each other: ask your neighbors if they need help, especially when it comes to the elderly or families whose relatives are defending Ukraine. Look after the apartments of neighbors who have left the city to prevent looting," the council said.

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