Russia's central bank ready to raise key rate to curb inflation

MOSCOW, Nov. 15 (Xinhua) -- Russia's central bank will be ready to raise the key interest rate again if there are no signs that inflation is slowing down, the bank's Deputy Governor Olga Polyakova said Wednesday.

"During recent meetings, we raised the key rate by tangible steps, and over the past period we raised the rate by 7.5 percentage points to 15 percent per annum," she said, according to TASS.