Lending may have slowed 'faster than necessary' in Russia's inflation fight, says central bank official
Russian President Vladimir Putin had called on the country's central bank to make a "balanced" decision about its key interest rate.
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- Russian interest rates on deposits and loans have risen faster than its central bank's key rate.
- A central bank official says lending may have slowed too quickly in its battle to lower inflation.
- Russia's central bank has kept its interest rate at 21% to avoid excessive cooling in its economy.
Russia's central bank...
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