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Nabiullina noted the caution of the Central Bank of the Russian Federation on the rate dictated by external conditions

Nabiullina: budget policy parameters require the Central Bank of the Russian Federation to be careful about the rate
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Photo: IZVESTIA/Pavel Volkov
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The Central Bank of the Russian Federation is forced to maintain restraint in its decisions on the key rate due to changes in external conditions and the clarification of the parameters of the state's fiscal policy. This was announced on Friday, March 20, by the head of the Central Bank, Elvira Nabiullina, at a meeting of the Board of Directors of the Bank of Russia on the key rate.

"Changing external conditions and clarifying the parameters of fiscal policy require us to maintain a cautious and balanced approach when making decisions in the future," she said.

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