Russia Holds Rates for Sixth Month After Spike in Inflation

Written By Unknown on Friday, 15 March 2013 | 03:03

Russia left borrowing costs
unchanged for a sixth month, observant marketplace rates were acceptable
before President Vladimir Putin's mercantile help takes assign of
monetary process in June.

Bank Rossii hold a refinancing rate during 8.25 percent, the
Moscow-based regulator pronounced in a matter on a website today.
All 28 economists surveyed by Bloomberg foresee a decision.
The overnight and one-week repurchase rates used to provide
banks with money will be kept during 5.5 percent, while a overnight
deposit rate stays during 4.5 percent.

Central bank Chairman Sergey Ignatiev is heading a charge
against inflation, that has surged to a fastest gait in 18
months. Prime Minister Dmitry Medvedev asked him to consider
expanding refinancing comforts and to work with Cabinet
ministers on measures to rise corporate lending, theRead full article: http://www.independent.co.uk/news/science/scientists-find-habitable-tau-ceti-planet-8424912.html


Source:
http://www.news.ezonearticle.com/2013/03/15/russia-holds-rates-for-sixth-month-after-spike-in-inflation/

0 comments:

Post a Comment