Elvira Nabiullina

Russia's Central Bank to cut key rate to 5%?

Assistant to the Russian president Andrei Belousov believes that potential for further easing of the Russian Central Bank's monetary policy after several consecutive cuts in the key rate remains quite high. According to him, …

SPIEF 2019 kicks off in St. Petersburg

The 23rd annual International Economic Forum (SPIEF) kicks off in Russia’s city of St. Petersburg at the ExpoForum Convention and Exhibition Center The forum will be held on June 6-8 under a motto of 'Creating a Sustainable Development …

Is Bank of Russia ready to cut key rate?

Russia's Central Bank chief Elvira Nabiullina said that the Bank of Russia is ready to consider an opportunity for reduction of the key rate in the short run. "We raised the key rate at the turn of the last …

Russia's Central Bank ready for rate cut?

Russian central bank Governor Elvira Nabiullina said that a cut to the key interest rate was still possible in the second or third quarter of 2019. The central bank has continued the policy of diversifying its …

Russia’s currency reserves reach $500 bln

The Russian Central Bank Chief Elvira Nabiullina said that Russia’s gold and foreign currency reserves stand at a comfortable level and have almost reached the $500 billion target. "Last year reserves …