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Markets

Forex reserves structure stick: Russia

Published Updated

russianMOSCOW: Russia has no plans to significantly change the structure of its forex reserves, Alexei Ulyukayev, first deputy chairman of the Bank of Russia, was quoted as saying by Interfax news agency on Monday.

He also said he expected inflation at below 0.5 percent in the third quarter, which was in line with the full year target of 7 percent.

Copyright Reuters, 2011

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