fxstreet.com 12 Feb, 2021 13:45 am

Economy to recover to pre-pandemic level by end-2021

Economy to recover to pre-pandemic level by end-2021
Following the Central Bank of Russia's (CBR) decision to keep its policy rate unchanged at 4.25, CBR Governor Elvira Nabiullina said on Friday that sh

2100 as dollar gathers momentum EUR/USD trades at fresh daily lows sub-1.2100,as the US dollar holds onto the recovery gains.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.

25, CBR Governor Elvira Nabiullina said on Friday that she expects the Russian economy to recover to pre-pandemic levels by the end of the year.Increasing lending and vaccination against COVID-19 will help demand recover in the economy, Nabiullina added and noted that the weak rouble added 1% to inflation.

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