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Russian cbank reduces key rate to 7.25% from 7.5%

MOSCOW, Mar 23 (PRIME) -- The board of directors of RussiaТs central bank has reduced the key interest rate by 0.25 percentage points to 7.25% and promised to cut it further to move to a neutral monetary policy in 2018 as inflation has fallen below 4%, the regulator said in a statement on Friday.

Shamalov tops ForbesТs rating of Т18 highest earning Russian tycoons

Kirill Shamalov with an income of U.S. $2.3 billion from dividends and the sale of a Sibur stake led the rating of RussiaТs highest earning businessmen in 2018 compiled by Forbes, the magazine said in a report on Friday.

Report: Russian metals mills can lose $3 bln from US duties

Russian metals producers can sustain at least U.S. $2 billion losses from a 25% U.S. import duty on steel and about $1 billion from a 10% aluminum duty, Deputy Industry and Trade Minister Viktor Yevtukhov told channel Rossiya 24 in an interview broadcast on Friday.

Min: Russia has more questions to Facebook, WhatsApp than Telegram

Russia has more questions to messengers Facebook and WhatsApp regarding their fulfilment of law than to Telegram, obliged to provide the security service with keys to decode usersТ messages, Communications and Mass Media Minister Nikolai Nikiforov told reporters on Friday.
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MOSCOW, Mar 16 (PRIME) -- The monetary and credit policy department of the central bank wants the regulator to cut the key rate at a meeting on March 23 from the current 7.5%, Director of the department Igor Dmitriyev told PRIME in an interview released on Friday.
Central Bank Official Rate
1W 1M 1Y
EUR 70.4303 +0.1203 24 mar
USD 57.1072 +0.2681 24 mar
Stock Market Indices
1D 1W 1M 1Y
rtsi 1261.44 +0.20 18:50 23 mar
micex 2285.53 -0.01 18:50 23 mar
Stock Quotes in RUR
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gazp 142.00 +1.79 18:47 23 mar
lkoh 3874.50 +0.45 18:49 23 mar
rosn 314.50 -0.52 18:47 23 mar
sber 262.00 -1.32 18:49 23 mar
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 70.6350 +0.4000 14:59 23 mar
USDTD 57.0850 -0.0425 17:44 23 mar