interest rate

Russia's central bank increases its key interest rate to 12% from 11% in an attempt to reduce an outflow of capital.

The dollar fell against the euro Friday after a dismal unemployment report increased the likelihood that the Federal Reserve would cut its key interest rate to 0.5% in order to bolster the economy.

Australia's central bank cuts its key interest rate from 6% to 5.25% in an attempt to boost the economy and avert a recession.

The Bank of Japan cuts its main interest rate from 0.5% to 0.3% - its first reduction for seven years, but shares still fall.

The Bank of Japan cuts its main interest rate from 0.5% to 0.3% - its first reduction for seven years.

The pound rises to $1.661 and the euro rises to $1.315 following the US central bank's interest rate cut.

Asian stock markets rise sharply following the interest rate cut from the Federal Reserve in the US.