Economy News Russia S Central Bank Governor Nabiullina On Rates, Economy And Banks
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Russians are so nervous about the economy that the central bank took to Telegram to dismiss rumors about deposits being frozen
The high interest rates attracted a flood of bank deposits. Recently, rumors emerged that retail deposits could be frozen, prompting Russians to swarm the central bank with questions, the bank wrote ... Read More
Russia's Nabiullina and her deputy on future rate decisions, oil prices, impact of sanctions
MOSCOW, Oct 24 (Reuters) - Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank cut its interest rate by 50 basis ... Read More
Russia’s Central Bank Cuts Key Rate as New Sanctions Loom
Russia’s central bank on Friday lowered its key interest rate for a fourth straight meeting as an already slowing economy braces for the impact of fresh sanctions from the U.S. and the European Union ... Read More
Key rate cut cycle, recovery from overheating — Bank of Russia Governor in Duma
MOSCOW, October 28. /TASS/. The Russian economy is currently moving along a scenario of a managed recovery from overheating, Central Bank Governor Elvira Nabiullina announced in the State Duma, the ... Read More
Bank of Russia’s Governor calls sharp key rate cut a ‘double blow’ to economy
MOSCOW, October 30. /TASS/. A sharp reduction in the key rate would lead to a surge in inflation and then to a rise in market rates, Bank of Russia Governor Elvira Nabiullina said speaking at the ... Read More
Russians won’t rush to the digital ruble, central bank admits
Mass adoption of Russia’s upcoming digital ruble is not to be expected, according to one of its monetary authority’s high-ranking representatives. Read More
Russia's Central Bank Cuts Key Rate as New Sanctions Loom — Update
Russia's central bank Friday lowered its key interest rate for a fourth straight meeting as an already slowing economy braces for the impact of fresh sanctions from the U.S. and the European Union in ... Read More
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