Maksim Oreshkin

Russia's central bank yesterday raised its key interest rate by 3.5 percent, a move designed to fight inflation and strengthen the ruble after the country's currency reached its lowest value since early in the war with Ukraine.

The decision was announced after an emergency meeting of the bank's board of directors was called a day earlier as the ruble declined.

Prime Minister Ana Brnabic underlined this on Tuesday in Belgrade during her meeting with Russian Minister of Economic Development Maksim Oreshkin, the government said on its website.

As an investment bitcoin is less predictable than playing roulette in a casino, and unqualified investors shouldn't have access to instruments with such a high volatility, according to Russian Economic Development Minister Maksim Oreshkin.