MOSCOW, March 3 Russian central bank hiked its
key lending rate on Monday to 7 percent from 5.5 percent due to
an increased risk to financial stability and inflation.
The Russian rouble fell to all-time low against the dollar
and the euro after President Vladimir Putin declared at
the weekend the right to invade Ukraine.
"The decision is directed at preventing risks to inflation
and financial stability associated with the increased level of
volatility in the financial markets," the central bank said in a
statement, without offering any further details.