5 Apr 2012 11:45

Russian Central Bank to hold rate-setting meeting April 9

MOSCOW. April 5 (Interfax) - The Central Bank of Russia board of directors meets on April 9 to discuss monetary policy issues, CB Deputy Chairman Sergei Shvetsov told reporters.

The board decided at its last meeting to leave the refinancing rate at 8% and kept other key rates on hold as well.

"Considering recent domestic and international macroeconomic developments the Bank of Russia judged that the current level of money market interest rates within the interest rate corridor was appropriate in the coming months," the CB said at the time.