MOSCOW, Russia (AFP) — Russia’s central bank announced Monday it was raising its key interest rate to 20 percent from 9.5 percent as the West pummelled the country with sanctions over Moscow’s invasion of Ukraine. “The Bank of Russia’s board of directors has decided to raise the key rate to 20 percent,” the central bank said in a statement. It said it was taking the emergency measure because the Russian economy’s situation had “drastically […]