FOREX

The SNB joined other central banks in tightening monetary policy in its first rate hike in 15 years, increasing its policy rate to -0.25% from the -0.75% it has deployed

At 1435 GMT, the rouble was 0.7% stronger against the dollar at 56.61; it gained 1.4% to trade at 58.96 versus the euro. Top policymakers used Russia’s annual economic forum

The central bank had broadly been expected to stand on a -0.75% interest rate that was the lowest in any major developed country, though some banks had suggested a quarter-point

Investors and economists are betting the Bank of England will increase its key rate a quarter-point when it meets later Thursday. Still, decisions in the past 24 hours by the