Deputy President of the Russian Central Bank Sergey Shvetsov said that the main scenario of the bank implied sanctions would be lifted in mid-2015. In his words, the ruble is currently free floating and the bi-currency basket limits have been dismantled. The bank will reconsider key rates in the current economic situation. Shvetsov added that currency interventions will be replaced with refinancing operations, Gazeta.ru reports.
Russian Central Bank expects sanctions to be lifted in 2015
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