Nabiullina noted the adaptation of the Russian economy to external challenges

The Russian economy has demonstrated adaptation to external shocks, which has been facilitated by high business flexibility. This was announced on December 2 by the head of the Central Bank (CB) of the Russian Federation Elvira Nabiullina at the forum "Russia is calling!"

"The business showed maximum flexibility, the ability to adapt — this was the first key factor," she said.

Nabiullina emphasized Russia's accumulated financial stability in recent years. According to the head of the Central Bank, the country needs to maintain the financial strength and adaptability of the economy.

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On the same day, Nabiullina suggested that all business problems should not be reduced solely to the size of the key rate. According to her, businesses should feel the benefits of both low interest rates and a low growth rate of any costs.

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