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25 Mar, 15:24

Economic activity positive in Q1 2024 — Bank of Russia

The currency rate at the same time will be the one corresponding to the path of inflation decline to 4%, Alexey Zabotkin added

MOSCOW, March 25. /TASS/. Positive dynamics of the economic activity in Russia was maintained in the first quarter of 2025, Deputy Governor of the Central Bank Alexey Zabotkin said when speaking in the State Duma, the lower house of the Russian parliament.

"Data for the first quarter of this year show that positive dynamics is kept in this quarter also for a broad range of economic indicators," he said.

The currency rate at the same time will be the one corresponding to the path of inflation decline to 4%, Zabotkin added. "I will say that the rate will be the one corresponding to the path of inflation going down to 4%. The rate path will differ depending on what external conditions will be," he noted.