MOSCOW, Oct 23 (Bernama-Sputnik/RIA Novosti) -- The Russian Central Bank will need a longer period of maintaining a period of moderately tight monetary conditions for a steady return of inflation to the target level of 4 per cent, Russian Central Bank head Elvira Nabiullina said on Friday.
World : Bank Of Russia Will Need Longer Period Of Moderately Tight Monetary Conditions - Head
russia, central bank, monetary conditions, inflati
BE Bernama 
Key takeaways
The Russian Central Bank will keep moderately tight monetary conditions longer to bring inflation back to 4%.
- Russian Central Bank head Elvira Nabiullina said inflation needs to return to 4% next year.
- The key rate was kept at 14% as per the bank's decision.
- The statement was made during a press conference on October 23.
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