Author`s name Pravda.Ru

Central Bank on June's dollar rate drop - Comments

The decline in the US dollar rate against the ruble on the domestic currency market in June 2003 did not contradict rate policies of the Russian Central Bank, the bank's analytical survey "The Domestic Currency Market in June 2003" says. Supporting the stability of the real effective ruble rate, which had grown compared to December 2002 by 1 percent only, high profitability of export production

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