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Russian President Vladimir Putin listens during a meeting in Moscow's Kremlin, Russia on Tuesday, Dec. 16, 2014. The surprise Central Bank decision to raise the rate to 17 percent from 10.5 percent came in the early hours on Tuesday in a desperate attempt to prop up the troubled currency. It’s the biggest interest rate hike since 1998, the year when Russia defaulted on its sovereign bonds. (AP Photo/RIA Novosti, Alexei Nikolsky, Presidential Press Service)
Photo by: Alexei Nikolsky
Russian President Vladimir Putin listens during a meeting in Moscow's Kremlin, Russia on Tuesday, Dec. 16, 2014. The surprise Central Bank decision to raise the rate to 17 percent from 10.5 percent came in the early hours on Tuesday in a desperate attempt to prop up the troubled currency. It’s the biggest interest rate hike since 1998, the year when Russia defaulted on its sovereign bonds. (AP Photo/RIA Novosti, Alexei Nikolsky, Presidential Press Service)

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