Putin praises CBR's ruble exchange rate policy

Russian President Vladimir Putin praised the central bank's exchange rate policy on the ruble saying policies "are justified by the situation in Russia". Putin made the comments during a meeting with IMF chief Horst Koehler on Thursday.

Source: Prime-Tass

Russian President Vladimir Putin praised the Central Bank of Russia's (CBR) ruble exchange rate policy at his meeting with Horst Koehler, the managing director of the International Monetary Fund (IMF), Thursday.

"The Central Bank conducts a rather

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