Russia cbank: there is understanding in govt inflation must be slashed to 4 pct

MOSCOW, Sept 23 (Reuters) - Russian Central Bank Governor Elvira Nabiullina told an economic forum on Friday that "there is an understanding" in the government that inflation must be slashed to 4 percent.

The central bank is conducting a relatively tight monetary policy and keeps its interest rates high in a bid to achieve its 4 percent inflation target by the end of 2017. (Reporting by Alexander Winning and Lidia Kelly; writing by Katya Golubkova; editing by Dmitry Solovyov)

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