Ignatyev wants stronger ruble

RUSSIA - Sergei Ignatyev, chairman of the Central Bank of Russia, on Tuesday reaffirmed his desire for a stronger ruble, saying that the bank is adopting a policy that implies a "gradual inflation decline and a certain appreciation of the ruble to prevent the negative tendencies in the economy."

"We think that the appreciation of the ruble in real terms by 4 to 6 percent a year is completely acceptable, and this is the sort of goal we are setting for our monetary policy," Ignatyev said.

He als

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: