CHEBOKSARY, Jun 23 (PRIME) -- Russia’s central bank sees potential for a further cut of the key rate, First Deputy Chairman Vladimir Chistyukhin said at a forum on Thursday.
“We can see potential for further reduction of the rate, but we will monitor inflation and inflationary expectations,” he said.
The regulator expects inflation to slow down to the target level of 4% in 2024, he also said.
“We do not say that the target level of 4% must be reached this year, and we have set a range of 5–7% for the next year. But we plan inflation to return to 4% in 2024,” he said.
The central bank and the government continue the work to shift international settlement to national currencies, and the sum of foreign trade operations in the ruble rises, he added.
|
|
