Reuters logo
Russia head says rate cut more likely in Q2
December 16, 2016 / 12:33 PM / a year ago

Russia head says rate cut more likely in Q2

MOSCOW, Dec 16 (Reuters) - Russia’s central bank is more likely to cut its key rate in the second quarter of next year than in the first quarter, the bank’s governor, Elvira Nabiullina, told a news conference on Friday.

Nabiullina also said that the central bank was informed in advance about a domestic bond issue by state-owned oil giant Rosneft, and that the bank had no questions about that transaction. (Reporting by Alexander Winning and Andrey Ostroukh; Writing by Christian Lowe; Editing by Maria Kiselyova)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below