| 11.11.2009 - Russia c.bank warns speculators as rouble rallies |
| From Forbes: Russia's central bank on Tuesday warned the market against a one-way bet on the rouble's strength, pledging new rate cuts and budget liquidity injections to prevent the oil-fuelled rouble rally damaging the recovery. The comment came as the World Bank slightly raised its outlook for Russia's economic growth for 2010 but warned authorities that inflationary pressure may return sooner than expected on the back of lower rates................................Full Article: Source |