Russia’s Nabiullina tells c.bank staff: we hoped not to face extreme economic situation

Wed Mar 02 2022
Mark Cooper (3174 articles)
Russia’s Nabiullina tells c.bank staff: we hoped not to face extreme economic situation

Russia’s Central Bank Governor Elvira Nabiullina said Russia’s economy had come up against an extreme situation, something she said they had all hoped would not happen, in an video address to the bank’s staff aired on Wednesday.

Nabiullina said the bank was doing everything possible to help Russia’s financial system and central bank cope with any shocks.

Tags Russia
Mark Cooper

Mark Cooper

Mark Cooper is Political / Stock Market Correspondent. He has been covering Global Stock Markets for more than 6 years.