Tag: russian central bank
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Further import restrictions would cause higher inflation in Russia – Head of Russian Central Bank Elvira Nabiullina
New US sanctions on Russia announced during last week’s G7 meeting, notably on transactions related to the Russia’s Moscow Stock Exchange have forced the Russian Central Bank to halt US Dollar and Euro transactions on the Exchange. The move comes a week after the Russian Central Bank has kept interest rates at 16% with an…
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Major European companies are lobbying their governments not to go ahead with new rules on frozen Russian assets
A top diplomatic source has informed me that large European companies that are still operating in Russia are pressuring their respective governments not to go ahead with new rules to make use of frozen Russian assets for the aid of Ukraine. The source has not yet confirmed which major companies are exerting this pressure, but…
