UPDATE 1-Russian central bank says ready for sharp rate cut
Russia’s central bank is ready
for a rate cut in June to counteract economic contraction, but
it is not considering lowering rates below inflation, Central
Bank Governor Elvira Nabiullina said on Friday.
for a rate cut in June to counteract economic contraction, but
it is not considering lowering rates below inflation, Central
Bank Governor Elvira Nabiullina said on Friday.
Posted by Reuters
