Saturday, July 14, 2012

Russia central bank hints at future tightening

Russia central bank hints at future tightening: MOSCOW, July 13 — Russia's central bank held key interest rates unchanged today for the seventh month in a row but adopted a more hawkish tone that left open the possibility of policy tightening in the coming months. Policy makers at their monthly meeting kept the fixed one-day repo rate, a de-facto ceiling for the money market, steady at 6.25 per ...


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