Joaquin Flores — Russian Central Bank: Sanctions Do Not Have Decisive Impact on Economy

Sanctions do not have a decisive impact on economic growth in Russia, said Elvira Nabiullina. The head of the regulator spoke at a press conference with journalists today.

“With regard to sanctions risks, geopolitical, we, of course, take this into account as one of the significant factors in forecasting the development of the economy. But I want to say that, in general, the economy is adapting to these sanctions, and we see that the growth rates are now close to potential. This factor cannot be ignored, but it has a limited effect,” said Nabiullina....

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Russian Central Bank: Sanctions Do Not Have Decisive Impact on Economy
Joaquin Flores