January 30, 2015 BY Andrew Saks-McLeod
Russia's central bank reduces key rate to 15%, states price adjustment to ruble depreciation is time limited
According to the results of the year 2014, inflation totaled 11.4% while core inflation was 11.2%. Meanwhile, in December 2014, monthly consumer price growth was 2.6% amid considerable ruble depreciation, which now stands the Russian currency at less than 70 rubles to the dollar
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