Russian economy to return to high growth in 2017, predicts CBR

Ksenia Yudaeva, Deputy Chair, Central Bank of Russia

The Russian economy will return to a period of high growth in 2017 after stabilising next year, the first deputy chairman of the Bank of Russia Ksenia Yudaeva predicted today. The damage caused by the rouble’s nosedive would only last a few months, she forecast, after which things would level off. KP