Central bank of Russia cuts interest rates to 15% from 17%

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Mike Paterson

30/01/2015 | 10:31 GMT

due to changing sentiment on risk
previous rate rise helped stabilize CPI expectations
sees CPI below 10% in 2016
2014 GDP forecast +0.6%

One for you RUB traders out there. Unexpected move

Rouble weakens on the news

Full CBR release here

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