September 12, 2019 / 1:32 PM / 4 days ago

Russian low growth hinges on structural factors, not monetary policy

MOSCOW, Sept 12 (Reuters) - Russian central bank head Elvira Nabiullina said on Thursday that low growth in the country depends on structural factors, while monetary policy is helpless in that regard.

Speaking at a conference, she also said that stable low inflation creates conditions for investments. (Writing by Katya Golubkova Gabrielle Tétrault-Farber; writing by Vladimir Soldatkin)

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