Responding to a rapidly deteriorating ruble, the Bank of Russia hikes its key interest rate by 3.5 percentage points to 12%. “The decision is aimed at limiting price stability risks,” the central bank said. The dollar USDRUB was trading at 98.15 rubles after topping 102 on Monday.
…






![BYD’s +1,200 hp Ferrari-slaying electric sports car spotted testing at Nurburgring [Video] BYD’s +1,200 hp Ferrari-slaying electric sports car spotted testing at Nurburgring [Video]](https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2024/06/BYDs-electric-sports-car-1.jpeg?resize=1200%2C628&quality=82&strip=all&ssl=1)

