Inflation in Russia under control – Central Bank ...News

Russia Today - Economy
Inflation in Russia under control – Central Bank
source : Russia Today ( News ) () 37
The regulator says the economy has stabilized, but still needs to adapt to the new conditions The Russian economy has managed to evade an inflationary spiral due to the policies of the Central Bank, the head of the regulator, Elvira Nabiullina, said on Thursday at a meeting with the Association of Russian Banks. However, according to Nabiullina, it is “too early to exhale,” as the process of adapting the economy to the new global conditions amid mounting Ukraine-related sanctions may be lengthy and difficult. “The coming quarters will not be easy, as while the economy adapts, the process will be difficult for both

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