22 Dec 2011 17:51

Weaker ruble could influence inflation in 2012 - Ignatyev

MOSCOW. Dec 22 (Interfax) - A weaker ruble could influence inflation at the beginning of 2012, CB Chairman Sergei Ignatyev told reporters.

"We thought, in December, but so far it doesn't [affect inflation]," he said.

But, asked if a weaker ruble might have a delayed effect on inflation at the start of next year, he said: "Perhaps."

"Inflation is still low, despite the weakening of the ruble that has taken place," he said.