June 15, 2018 / 12:18 PM / a month ago

Russia c.bank says monetary conditions close to neutral

MOSCOW, June 15 (Reuters) - Russia’s monetary conditions are close to their neutral level, assessed as close to the upper limit of the 6 to 7 percent interest rate range, central bank governor Elvira Nabiullina said on Friday.

Nabiullina told a news conference that inflationary risks were prompting the central bank to stick to a slightly tight monetary policy. (Reporting by Jack Stubbs and Andrey Ostroukh Writing by Christian Lowe; editing by John Stonestreet)

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