date:Apr 29, 2014
.5% from 7% on April 25, while Standard Poors cut the nations credit rating to one level above junk, saying further downgrades are possible if economic growth deteriorates and wider sanctions are imposed. The central bank made what it called a temporary increase from 5.5% in March after Putin secured lawmakers approval to send troops into Ukraine.
Timothy Post, head of investor relations at Krasnodar, Russia-based Magnit, was not available for comment when contacted by phone and e-mail outside