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15.02.201706:39:00UTC+00Central bank of Russia says reaching 2017 inflation target not an easy task

Russia's central bank governor Elvira Nabiullina on Wednesday said that as expected, inflation was declining but reiterated that it was not easy to reach the 4 percent inflation target.

Nabiullina made the remarks at the meeting with the parliament, adding that rates must be kept above inflation.

Russia's central bank has targeted 4 percent inflation by the end of this year.

Tags: Russia


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