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Russia needs months to return to low interest rates

The Russian Central Bank is in no hurry to reduce the interest rate after five consecutive increases, inflation is still at a high level. Source: Reuters Details: In response to persistent inflation, the Russian Central Bank hiked its key interest rate for the fifth time in a row, to 16%, earlier in December.
Vladimir Putin Board Of Directors The Central Bank Russian Central Bank Board Of The National Bank Russian Central National Bank
Source: yahoo.com

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