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Russian central bank will take more measures after rate hike: First deputy

Russian rubles on display in front of a portrait of Russian President Vladimir Putin.
Ulrich Baungarten | Getty Images

Russia's central bank will implement more measures to stabilize domestic markets following a rate hike, its First Deputy Governor Sergei Shvetsov said on Tuesday.

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Shvetsov also called the situation on the Russian foreign exchange and stock markets "critical."

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