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COMMENTARY

Russian situation may have its impact on global economy

RussianRuble181214.jpg
Despite a drastic 6.5 percentage point interest-rate hike by the Russian central bank on Monday in a bid to prop up the country's falling currency, the rouble has continued to get battered, prompting fears of an economic crisis.

Singapore

DESPITE a drastic 6.5 percentage point interest-rate hike by the Russian central bank on Monday in a bid to prop up the country's falling

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