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With many betting on lower Russian interest rates next month, the central bank may actually...

With many betting on lower Russian interest rates next month, the central bank may actually decide to hike. That's the takeaway for some after the bank removed wording from its policy statement suggesting the current rate regime is adequate. Key is inflation, which has edged up to 6.8%. If it gets over 7%, rates might be hiked. RSX is flat YTD.
Comments (2)
  • RSX LOOKS OVER BOUGHT TO ME
    5 Feb 2013, 05:04 PM Reply Like
  • WITH INFLATION THAT HIGH YOU CAN BET RATES WILL BE
    RAISED
    5 Feb 2013, 05:08 PM Reply Like
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