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Bank of Russia: country's GDP decline will be mild

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Russia is expected to see a GDP decline this year, but it will be milder than in 2008/09 when the country was in significant recession, says the Bank of Russia's First Deputy Governor. Speaking beside the Asian Financial Forum 2015 Ksenia Yudaeva also believes the time is right for greater investment between Russia and Asia, with Hong Kong as a base for business.
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