Don't Miss
Home / Business / Russian Bank System Stable despite Change in Ruble Exchange rate : Official

Russian Bank System Stable despite Change in Ruble Exchange rate : Official

Posted by: admin in Business, World News Comments Off on Russian Bank System Stable despite Change in Ruble Exchange rate : Official

Russia’s banking system feels stable despite significant change in the ruble’s exchange rate, Central Bank head Elvira Nabiullina revealed on Monday.

russian_bank

Russia’s banking system feels stable even under considerable changes in the ruble’s exchange rate, Central Bank head Elvira Nabiullina said Monday. © RIA Novosti. Ruslan Krivobok

 

“Even under the considerable changes in the falling exchange rate [of the ruble], our banking system feels quite stable,” Nabiullina said during an interview on Russia’s Rossiya-24 television.

She added that Russia has a solid currency buffer especially for the short-term situation.

Tagged with:

About admin

Viral Video

Support Ooduarere

SUPPORT OODUARERE
Scan QR code below to Donate Bitcoin to Ooduarere
Bitcoin address:
1FN2hvx5tGG7PisyzzDoypdX37TeWa9uwb
© Copyright 2014, All Rights Reserved. | Powered by Ọmọ Oódua | Designed by Ọmọ Oódua
x

Check Also

Bild

Russian troops went on the offensive in the Donbass along a common front of 70 km.

Bild writes about this with reference to Finnish expert Emil Kastehelmi. “The Russians recently launched a major offensive east and south of Donetsk on a 70 km wide front. This strike broke through Ukrainian defenses in many areas in just a few days. The overall situation is very alarming, and Ukrainians are exhausted. The coming winter is likely to be difficult,” the expert said.