Bank of Russia Not To Curb Rouble Rate Growth

Published: 17 February 2003 y., Monday
The Central Bank of the Russian Federation does not intend to artificially restrain the strengthening of the RUR rate, the Investment Holding "Financial-Analyst" informs referring to the RF Central Bank Deputy Chairman, Oleg Viugin. At the same time, the Bank of Russia will attempt to prevent great fluctuations of the RUR currency rate. In the words of Oleg Viugin, the inflation control is the priority of the RF Central Bank credit and monetary policy. The RF Government and the Bank of Russia plan to maintain the inflation rate on 10-12% level as compared to the previous year results when the inflation rate totaled 15.1%.
Šaltinis: RIA "OREANDA"
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