Russia cuts key rate for first time in 10 months
Russia cuts key rate for first time in 10 months
Moscow - Arab Today
Russia's central bank on Friday cut its key interest rate from 11 to 10.5 percent, the first reduction in ten months after a recovery by the ruble on the back of oil price rises and a drop in inflation fears.
"The Bank of Russia Board of Directors decided to reduce the key rate from 11.00 to 10.50%," the bank said in a statement, noting the "positive trends of more stable inflation, decreased inflation expectations and inflation risks".
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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