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Top News

Russian inflation seen at 6pc in 2013

Published April 19, 2013 Updated April 19, 2013 11:55am

imageMOSCOW: Kremlin economic aide Elvira Nabiullina, who will take over as the head of Russia's central bank, expects Russia to achieve inflation around 6 percent in 2013, she said on Friday.

Nabiullina said the policy of inflation targeting remained a "current" policy. "We should continue the policy of bringing inflation down," she added.

She will replace veteran central bank chairman Sergei Ignatyev, who will become her adviser, In June.

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