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[12.04.2005]Russian Central Bank is determined to retain inflation at the level set by the budget; however, it would be a difficult task. "If it is necessary to strengthen the ruble by 8 percent to fight inflation, we will definitely do this," Alexey Ulyukayev, senior deputy chairman of the Central Bank, has declared at an economic forum in London. At the same time, the Bank of Russia is not going to leave currency trade and will try to prevent the ruble from fluctuating considerably.






Date:  May, 18, 2012
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