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<p>The Bank of Russia hiked interest rates by a higher-than-expected 200 basis points to 15%, raising borrowing costs for the fourth meeting running in response to a weak rouble, stubborn inflation and increasing budget spending.</p>


Russia hikes rates to higher-than-expected 15% as budget pressure tells

<p>China's services PMI has declined marginally to 53.1 in January on a seasonally adjusted basis from 53.4 in December, showed the Markit/Caixin services purchashing managers' index (PMI).</p>


China services sector extends strong growth in January but pace eases: Caixin PMI

inflationary-pressure

The Bank of Russia hiked interest rates by a higher-than-expected 200 basis points to 15%, raising borrowing costs for the fourth meeting running in response to a weak rouble, stubborn inflation and increasing budget spending.

China's services PMI has declined marginally to 53.1 in January on a seasonally adjusted basis from 53.4 in December, showed the Markit/Caixin services purchashing managers' index (PMI).

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Inflationary Pressure

Russia hikes rates to higher-than-expected 15% as budget pressure tells

China services sector extends strong growth in January but pace eases: Caixin PMI

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Stock Market: Can Nifty reclaim the 26,000 mark today? What global cues indicate

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Stock Market: Can Nifty reclaim the 26,000 mark today? What global cues indicate

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