First Deputy Chairman of Russia’s Central Bank Dmitry Tulin said that about three-quarters of its plan to clean up the banking system are completed. According to Tulin, Russia’s central bank does not …
The Bank of Russia initiated management reshuffling and structural changes, the regulator said in its press release. The Chairperson of the Central Bank Elvira Nabiullina will directly oversee monetary policy issues …
The Deputy Governor of the Central Bank of Russia, Dmitry Tulin, said that cutting its key rate now would not lead to economic growth in the current conditions.
"We consider the impact of monetary policy on the state of the real economy. If we believed that our policy is too tight and it kills the real sector and strangling the economic growth, we would have chosen a different trajectory of the key rate. We believe that cutting the key rate would not lead to economic growth in the current conditions," the first deputy chairman of the Central Bank said.
According to the first deputy of the Russian Central Bank Dmitry Tulin, the Central Bank of Russia has no strict plans in respect of the rate of the ruble.
"We have no strict plans and …