Russia's Central Bank has been active and more aggressive than Putin so far. The CBR unexpectedly raised interest rates by +150bps this morning in an attempt obviously to support the 'Motherlands' plummeting RUB. It's been rumored that they have sold $10b to support their currency. Policy makers have indicated that it’s only a "temporary" decision – however, a knock on negative effect is expected to at least pose further problems to Russia's wilting economic growth. Depending on the current political outcome, the "downside risks for fixed investment growth and potential economic sanctions could push Russia into ... (full story)