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Russian central bank cuts interest rates to record low
Russia's central bank has cut interest rates from 9.5% to a record low of 9% in a widely expected move. It is the ninth time the bank has cut rates since April this year as it bids to stimulate demand. In an accompanying statement, the central bank said it had room to cut as inflation had been easing back.
Submitted by
etfguy
11/24/2009
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etfguy
11/24/2009
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XRU
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