Russia to prevent sharp ruble growth this year
"We are now pursuing an exchange rate policy primarily with an eye on reducing inflation," he said at a meeting with President Vladimir Putin on Friday.
Therefore the central bank will let the nominal ruble rate against the basket of currencies grow 2% for the first time in five months, he said.
The actual effective rate of the ruble grew 7.5% while last year it went up 6%, Ignatyev said.
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