Nabiullina calls artificial control of ruble harmful to Russian economyGiven Russia's dependence on oil revenues, artificial control of the ruble exchange rate is unreasonable and harmful to the economy, the head of the Central Bank of the Russian Federation, Elvira Nabiullina said.Nabiullina stressed that it is impossible to change fundamental global factors and that the Central Bank will allow the ruble to float freely.
Given Russia's dependence on oil revenues, artificial control of the ruble exchange rate is unreasonable and harmful to the economy, the head of the Central Bank of the Russian Federation, Elvira Nabiullina said.
Nabiullina stressed that it is impossible to change fundamental global factors and that the Central Bank will allow the ruble to float freely.
