Putin's Ukraine actions may knock Russia's central bank off course


  • World
  • Wednesday, 12 Mar 2014

MOSCOW (Reuters) - President Vladimir Putin's engagement in Ukraine threatens to divert Russia's central bank from its goals of inflation-targeting and freeing up the rouble currency, undermining the credibility it has built up.

The central bank has been operating in emergency mode since Putin's declaration of his right to invade Ukraine and his implicit support for Crimea's plans to join Russia.

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