Wednesday, February 24, 2016

IMF approves CBR policy in light of the risks – RIA Novosti

 The headquarters of the International Monetary  Fund in Washington, DC, USA. Archival photo

© AFP 2016 / Yuri Gripas

WASHINGTON, February 24 – RIA Novosti, Alexei Bogdanovsky International. IMF approves CBR policy in light of the risks, the report says “Group of twenty: global perspectives and policy challenges”, which has been prepared by the Fund for the G20 Finance Ministers’ meeting in Shanghai

“The recent pause in easing monetary. policy was an appropriate measure, given the risks to the inflation of the depreciation of the ruble, external risks and the need to build trust after putting inflation targeting “, – stated in the Fund’s report

The Bank of Russia in January, kept its benchmark rate unchanged at 11. % per annum. In this case the regulator abruptly changed the tone of his statement by adding the phrase press release about a possible tightening of monetary policy.

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