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KM Financial Solutions | UPDATE 1-Russia c.bank raises rates, plans to resume FX buying
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UPDATE 1-Russia c.bank raises rates, plans to resume FX buying

13 Dec UPDATE 1-Russia c.bank raises rates, plans to resume FX buying

Posted at 10:48h in News by
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The Russian central bank raised
its key interest rate to 7.75 percent on Friday, responding to
rising inflation and pressure on the rouble that is set to grow
after the bank announced it would resume purchases of foreign
currency for state reserves.

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