Russian central bank sees some room for further rate cut

Published 11/11/2019 in Business News, Economy & Finance

Russian central bank sees some room for further rate cut

MOSCOW (Reuters) – Russia’s central bank sees some room to further cut its key rate, First Deputy Governor Ksenia Yudayeva said on Monday.

“…in principle, we currently see certain room for a further reduction, but we have to follow the situation very closely, to watch for the effects of measures that have already been put in place…” Yudayeva told lawmakers.

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