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Russia's Polonsky: there is room for rate cut
April 13, 2017 / 7:32 AM / 8 months ago

Russia's Polonsky: there is room for rate cut

MOSCOW, April 13 (Reuters) - There is room for an interest rate cut but decisions on the central bank’s key rate should be weighed carefully, an official in the central bank’s monetary policy department said on Thursday.

Alexander Polonsky said the bank’s monetary policy would remain moderately tight and that was positive for Russian financial stability. (Reporting by Elena Fabrichnaya; Writing by Alexander Winning; Editing by Christian Lowe)

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