Elvira Nabiullina

Russian Central Bank close to its goal

Russian Central Bank close to its goal

Inflation in Russia has dropped to 4.1% in annual terms, Chairman of the Central Bank Elvira Nabiullina said. "In March, inflation has dropped to 4.3%. As of April 17, inflation has already dropped to 4.1% in …

Russian Central Bank ready to reduce key rate this year

Russian Central Bank ready to reduce key rate this year

The Russian Central Bank may cut the key rate by 25 or 50 basis points in the second quarter of this year, the bank's governor Elvira Nabiullina said. "On the whole the current economic situation inspires hope. …

 Government predicts economic growth in Russia

Government predicts economic growth in Russia

Russian Economic Development Minister Maxim Oreshkin said that the data for the first months of this year indicate that the Russian economy has entered a new phase of growth. However, in order to increase it, it is necessary …

Russian Central Bank Chief predicts economic growth in Russia

Russian Central Bank Chief predicts economic growth in Russia

Russia’s economic growth rates will stabilize at the level of 1.5-2% even if the oil price goes down, Russia's Central Bank Chief Elvira Nabiullina said. "The potential economic growth amount to 1.5-2% if …

The Real Reason The U.S. Has Been Keen to Blame Russia for Everything – Gold

The Real Reason The U.S. Has Been Keen to Blame Russia for Everything – Gold

China and Russia have the gold, the U.S. has debt

Russia’s Central Bank chief: recovery of banking system to take 2-3 years

Russia’s Central Bank chief: recovery of banking system to take 2-3 years

The recovery of Russia’s banking system will take 2-3 years, the Russian Central Bank’s chief Elvira Nabiullina said. "The key priority for the Bank of Russia is to get rid of unscrupulous, …

Russia#039s central bank head: we plan to cut key rate gradually, pauses possible

Russia's central bank head: we plan to cut key rate gradually, pauses possible

Russia's central bank would cut its key rate gradually, the banks' Governor Elvira Nabiullina said. The bank would cut rates gradually in the medium term and pauses between cuts are possible, Nabiullina …

 Putin to nominate Russia#039s Central Bank chief Nabiullina for new term

Putin to nominate Russia's Central Bank chief Nabiullina for new term

Russian President Vladimir Putin said that he would nominate the Russian central bank governor Elvira Nabiullina for a new term. The announcement of her new term came at a meeting between Putin and …

 Kremlin: Putin#039s meeting with central bank head not to touch on #039week of silence#039

Kremlin: Putin's meeting with central bank head not to touch on 'week of silence'

Russian President Vladimir Putin will meet the Russian Central Bank Governor Elvira Nabiullina today, the Kremlin's spokesman Dmitry Peskov said. The spokesman added that the …

Russian Central Bank#039s head fears of new ‘black swans’

Russian Central Bank's head fears of new ‘black swans’

The Central Bank of Russia is highly conservative in its forecasts because of risks of new ‘black swans’ appearance, the Chairperson of the Bank of Russia Elvira Nabiullina said. "The higher level of uncertainty in the …

Recovery of Russian banking sector may take several years

Recovery of Russian banking sector may take several years

Financial rehabilitation of Russian banking sector may take several years more, Chairperson of the Bank of Russia Elvira Nabiullina said. "The period of proactive recovery of the banking system will continue for …

Vasily Yakimkin: Trump won#039t allow Federal Reserve strengthen dollar

Vasily Yakimkin: "Trump won't allow Federal Reserve strengthen dollar"

How much will dollar rise and how will it affect world markets

Ruble grows amid growing oil

Ruble grows amid growing oil

Oil prices, after falling the day before, began to recover gradually due to a thorough implementation of the agreement on the production cuts. Thus, the March futures for Brent crude oil on London's …

 Nabiullina: Russian economy to enter stage of growth in 2017

Nabiullina: Russian economy to enter stage of growth in 2017

The Russian economy will overcome the stage of adjustment to external challenges in 2016, the head of the Russian Central Bank Elvira Nabiullina …

Nabiullina: dependence of ruble on oil prices declines

Nabiullina: dependence of ruble on oil prices declines

The Bank of Russia does not expect serious shocks on the Forex market in any economic development scenario, the Chairperson of the Russian Central Bank …

Nabiullina: rising oil prices not to cure our economy

Nabiullina: rising oil prices not to cure our economy

Rising oil prices will not solve the internal problems of the Russian economy, but may create the illusion of returning prosperity, Central Bank Chief Elvira Nabiullina believes. Russia’s Central Bank does …

Nabiullina: closure of banks saves Russia

Nabiullina: closure of banks saves Russia

The closure of weak players in the Russian banking sector in the second half of 2013 - the beginning of 2014 helped to mitigate the effects of external shocks, which hit the country's economy two years ago, the chairman of the Central …

Another Oil Crash Not Likely

Another Oil Crash Not Likely

The probability of another drastic collapse in oil prices is low, Nabiullina says

 Russia#039s Central Bank: there are signs of recovery in consumer activity

Russia's Central Bank: there are signs of recovery in consumer activity

There are signs of recovery in the consumer activity in Russia, but the consumption growth should not be too fast to avoid bubbles, the governor of Russia's Central Bank, Elvira Nabiullina, said at the Russia …

Nabiullina: inflation in Russia is still high

Nabiullina: inflation in Russia is still high

The Russian Central Bank will bring its key rate to 6-7% once inflation slows to 4%, the bank's Governor Elvira Nabiullina said at an economic forum. Nabiullina said the central bank will aim at keeping interest …

 Russian Central Bank initiates changes in staff

Russian Central Bank initiates changes in staff

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 …

Why does Russia need high productivity?

Why does Russia need high productivity?

The constant increase in the labor productivity is one of the foundations of sustainable economic growth, however, Russia is much inferior to more developed countries, the head of the Russian Central Bank Elvira Nabiullina said …

Nabiullina: Oil market reaches supply-demand balance

Nabiullina: Oil market reaches supply-demand balance

Oil market has found price range at which demand and supply are balancing, the chairperson of Russia’s Central Bank Elvira Nabiullina said at the finance forum in Moscow, Interfax reports. She expects the market …

Nabiullina sees every chance of hitting CPI target

Nabiullina sees every chance of hitting CPI target

Russia has every chance of achieving the central bank's target of getting inflation down to 4%, the bank's governor, Elvira Nabiullina, said. Speaking at a news conference, Nabiullina said though that there was …

Putin and Nabiullina to discuss banking sector

Putin and Nabiullina to discuss banking sector

Russian Central Bank Governor Elvira Nabiullina will brief President Vladimir Putin on Tuesday on the situation in Russia's banking system, the Kremlin said. Putin will also discuss social issues …

How financial system of Russian Federation will change after the loss of BFG-Credit?

How financial system of Russian Federation will change after the loss of BFG-Credit?

Today the Central Bank has revoked the license of Moscow BFG-Credit Bank, which was included in the top 100 of the country's banking system. At the same time it was noted by representatives of the Central Bank …

 Russian Central Bank prepares concept of Fund for banking sector consolidation

Russian Central Bank prepares concept of Fund for banking sector consolidation

Russia’s Central Bank has prepared a concept of the Fund for banking sector consolidation, the chairperson of Russia’s Central Bank Elvira Nabiullina said. "We have prepared a concept of creating such a …

Oil prices unlikely to rebound to high levels soon - Russian Central Bank

Oil prices unlikely to rebound to high levels soon - Russian Central Bank

Global oil prices will barely return to high levels in the near future, Russian Central Bank Governor Elvira Nabiullina said Thursday, Sputin reports. "There will not be a fast return …

 Bloomberg: Nabiullina to issue OBRs to help economy

Bloomberg: Nabiullina to issue OBRs to help economy

Bank of Russia Governor Elvira Nabiullina announced the plan to resume sales of short-term bills, known as OBRs, just as policy makers renew a cycle of interest-rate cuts that are themselves inflationary. According to …

Russia: US Federal Reserve System decision to maintain key interest rates expected

Russia: US Federal Reserve System decision to maintain key interest rates expected

The decision of the US Federal Reserve System to maintain key interest rates was predictable and will not lead to major turbulence in the markets, Russian Central Bank Governor Elvira Nabiullina said Thursday, Sputnik reports. "The …