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Russian rate cut reflects slower inflation-c.bank (Reuters via Yahoo! Asia News)

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Posted by: RMP News Desk

MOSCOW, June 23 (Reuters) - The Russian central bank cut its refinancing rate to 11.5 percent from 12 percent on Friday, saying the move would have no immediate impact on the market but was a reflection of slower consumer price growth.

http://us.rd.yahoo.com/dailynews/rs...23/3/2majk.html



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