Russia not to vary currency policy after G7 meet

Russian Central Bank First Deputy Chairman Oleg Vyugin said on Monday 9 February that the bank saw no reason to change its currency policy following last weekend's Florida meeting of the Group of Seven finance ministers and central bank governors.

Vyugin told Interfax that the Russian Central Bank's currency policy guaranteed lower volatility of the ruble versus principal currencies.

"Russia is in between, as it were. In principle, the exchange rate of the ruble is not tightly tied down to any

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