Elvira Nabiullina ,quotes

Of course I welcome all the n...

Of course I welcome all the normalization of monetary policy. I think monetary policy should be normal.

Elvira Nabiullina 10.08.2025 20:58:25

In my view, the key aim of ec...

In my view, the key aim of economic policy in many countries, and particularly in Russia, should be the sort of policy that stimulates productivity growth because only on the basis of growth of labour productivity can we enjoy healthy growth.

Elvira Nabiullina 10.08.2025 20:58:25

Cooperation on the internatio...

Cooperation on the international level could help to solve the problem of sources of sharp capital flow volatility and its consequences.

Elvira Nabiullina 10.08.2025 20:58:25

As a former economy minister,...

As a former economy minister, I can't not think about economic growth. The central bank should also think about this but through its own instruments.

Elvira Nabiullina 10.08.2025 20:58:25

There's no doubt that decisio...

There's no doubt that decisions made by the leading central banks do affect the global financial markets and, consequently, our situation.

Elvira Nabiullina 10.08.2025 20:58:25

There's a lot of pressure and...

There's a lot of pressure and criticism in a crisis, but you can't miss the wood for the trees.

Elvira Nabiullina 10.08.2025 20:58:25

The use of crypto-currency as...

The use of crypto-currency as a surrogate for the ruble in trading in goods and services, in our opinion, has a risk of undermining the circulation of money.

Elvira Nabiullina 10.08.2025 20:58:25

The monetary policy instrumen...

The monetary policy instruments which Russia has at its disposal are pretty well developed.

Elvira Nabiullina 10.08.2025 20:58:25

A flexible exchange rate is i...

A flexible exchange rate is important, and it shouldn't be artificially restrained because of the needs of the economy.

Elvira Nabiullina 10.08.2025 20:58:25

I believe that being in a pos...

I believe that being in a position, as a central bank, to influence economic growth does not mean losing independence.

Elvira Nabiullina 10.08.2025 20:58:25

I think that many central ban...

I think that many central banks and financial authorities understand that any long term attempt to compete through an artificial depreciation of their currency will not be very effective in the long term.

Elvira Nabiullina 10.08.2025 20:58:25

We will not allow the use of ...

We will not allow the use of crypto-currency as a surrogate money.

Elvira Nabiullina 10.08.2025 20:58:25

I do not feel that some thing...

I do not feel that some things are masculine and others are feminine.

Elvira Nabiullina 10.08.2025 20:58:25

The most important thing is n...

The most important thing is not to be dogmatic but flexible and consistent.

Elvira Nabiullina 10.08.2025 20:58:25

It seems to me that a market ...

It seems to me that a market exchange rate which is not artificially controlled by central banks enables one to balance the interests of different market players - exporters and importers, investors, borrowers, lenders.

Elvira Nabiullina 10.08.2025 20:58:25

One of the main priorities of...

One of the main priorities of Russia's economic policy is to create conditions and form our own financial resources for economic modernisation.

Elvira Nabiullina 10.08.2025 20:58:25

I believe that high, sustainab...

I believe that high, sustainable growth rates can only be possible on the basis of macro-stability.

Elvira Nabiullina 28.10.2023 20:22:59

My view was that government of...

My view was that government officials could not sit on the board of the central bank, and I am very happy that has been upheld.

Elvira Nabiullina 28.10.2023 20:22:50

Of course I welcome all the no...

Of course I welcome all the normalization of monetary policy. I think monetary policy should be normal.

Elvira Nabiullina 28.10.2023 20:22:42

One of the main priorities of ...

One of the main priorities of Russia's economic policy is to create conditions and form our own financial resources for economic modernisation.

Elvira Nabiullina 28.10.2023 20:22:26

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