Russian interest rates appropriate for now

MOSCOW: Russia's central bank considers the current interest rate corridor as acceptable for now but could change rates
16 Jan, 2013


Russia's central bank left monetary policy unchanged on Tuesday but, in a statement, dropped earlier language that it saw rates as "acceptable for the near future".

 

Ulyukayev, speaking to journalists on the fringes of an economic conference, said the change meant the central bank could take "any" decision on interest rates at its policy meeting next month.

 

Copyright Reuters, 2013

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