Nabiullina pointed to the growing attractiveness of the ruble for savings
The ruble is becoming more attractive for savings. This was announced on October 30 by the head of the Central Bank of the Russian Federation, Elvira Nabiullina.
"High ruble rates mean a more moderate demand for imports, which means a more moderate demand for foreign currency. The ruble as a means of saving is becoming more attractive to people and businesses than saving in foreign currency," Nabiullina said.
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