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Read More »Bank of Russia sees bigger challenge than rates for lenders
Bloomberg Preoccupied by ultra-low interest rates in much of the industrialized world, the financial industry risks being blindsided by an even bigger challenge, according to Russian central bank Governor Elvira Nabiullina. “Banks could fall into a trap,†Nabiullina said at a conference in Kazan, capital of Russia’s republic of Tatarstan. “What do they mostly complain about now? Low interest …
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