Bank Rossii Mulls Three Anti-Inflation Weapons, Ulyukayev Says
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Russia’s central bank is considering “all possible reactions” to demand-driven inflation, First Deputy Chairman Alexei Ulyukayev said.
“As soon as we see some growth” in demand-side inflation, Bank Rossii could react on three fronts, Ulyukayev said today in an interview in London. “First, the policy rate; second, the reserve requirements and third, the exchange rate performance. We’ll be watching the situation and make our decision accordingly.”