November 20, 2019 / 2:18 PM / 20 days ago

Russia's VTB CEO does not expect central bank to cut key rate this year

MOSCOW, Nov 20 (Reuters) - The chief executive of Russia’s second largest lender VTB Andrey Kostin said on Wednesday he did not expect the central bank to cut its key rate further this year.

The central bank will hold its next monetary policy meeting on Dec. 13. (Reporting by Tatiana Voronova; writing by Maria Kiselyova; Editing by Jan Harvey)

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