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Russia ready to inject liquidity into market: Putin

MOSCOW : Prime Minister Vladimir Putin on Tuesday said his government was ready to pump liquidity into the Russian mark
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By Imad Uddin
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MOSCOW: Prime Minister Vladimir Putin on Tuesday said his government was ready to pump liquidity into the Russian market after a US debt downgrade hit domestic stocks and the ruble.

"We in Russia believe that we must keep careful track of liquidity," news agencies quoted Putin as saying. "The finance ministry and the central bank are monitoring the situation and if necessary will use various channels to add liquidity to the market."

 

Copyright AFP (Agence France-Presse), 2011

 

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