Cbank: Russian market expects key rate to fall to 7.9–8.9% by ‘18

MOSCOW, Jun 21 (PRIME) -- Russian financial market participants expect that the central bank will cut the key rate to 7.9–8.9% until the end of 2017, according to documents of the central bank, seen by PRIME on Wednesday.

Last week, the central bank cut the key rate by 0.25 percentage points to 9%.

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