Topol-M missile fired from Plesetsk hits hypothetical target in KamchatkaMilitary & Defense January 17, 4:31
US President-Elect has big respect for Russian people, Russia culture, says advisorWorld January 17, 4:30
Paintings by Chagall, Russian 16th century icons to be on display at art fair in BrusselsSociety & Culture January 16, 21:50
Russia calls to probe into attack on Moscow Patriarchate’s church in Kiev — diplomatRussian Politics & Diplomacy January 16, 21:25
Russia, US start restoring business ties — ombudsmanBusiness & Economy January 16, 21:21
Figure skating pairs competition excluded from schedule of 2017 Winter UniversiadeSport January 16, 20:34
DPR top diplomat blames Kiev for dodging discussion of Steinmeier formula implementationWorld January 16, 20:14
IMF maintains forecast for global economy growth in 2017 at 3.4%Business & Economy January 16, 19:45
Six more settlements join Syria ceasefire regime — Defense MinistryWorld January 16, 19:22
MOSCOW, February 04. /ITAR-TASS/. The Central Bank of Russia (CBR) will take into account the factor of cheaper ruble along with other factors in taking a decision on interest rates, CBR’s First Deputy Chairperson Ksenia Yudayeva told Itar-Tass on Tuesday.
“In our case the decision on interest rates is taken proceeding from complex survey of economic situation, on labor market, inflation and inflation forecasts,” she said, noting that “ruble exchange rate fluctuations affect the prices of some goods and inflation forecasts.” “We will take into account these factors along with other factors in taking decisions on interest rates,” Yudayeva noted.
Commenting on the decision of the central banks in several developing countries that raised the interest rates to smooth over falling exchange rates of national currencies, Yudayeva said, “These are countries that do not have other possibilities to influence the exchange rate most frequently.”
A meeting of the CBR’s Board of Directors devoted to monetary policy that will be the first one this year is due on February 14.