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Central Bank of Russia sees no fundamental reasons for ruble devaluation

NOVO-OGAREVO, March 5. /ITAR-TASS/. Central Bank of Russia (CBR) sees no fundamental reasons for ruble devaluation.

"The current pressure on the ruble is due to external factors. The CBR's current estimates indicate the Russian currency is undervalued," CBR's Governor Elvira Nabiullina told a meeting of the government's members with President Vladimir Putin.