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Rate wait: Russia's main lender keeps benchmark unchanged at 8.25% on inflation fears
11.08.2013. | The Central Bank of Russia (CBR) has decided against cutting their interest rate, instead deferring until inflation falls within target of 5 to 6 percent.
August marks the eleventh month the rate remains unchanged. The official CBR statement said, “the decision was based on the assessment on inflationary risks and perspectives for economic growth.”
"In July and......
