Russian regulator acting “adequately” as economy stabilizes – IMF

Russian regulator acting “adequately” as economy stabilizes – IMF

The Central Bank of Russia is taking effective steps to stabilize the national currency and the economic situation as a whole, according to the Deputy Managing Director of the International Monetary Fund (IMF) Min Zhu.

“I think the Russian Central Bank is reacting adequately to the current situation,” the banker said at a conference on doing business with the BRICS countries in Washington on Monday, RIA Novosti reported .

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