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The Central Bank pointed to the absence of systemic risks for the Russian economy.

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Photo: IZVESTIA/Pavel Volkov
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The Bank of Russia sees no systemic risks to the financial stability of the Russian economy. This was announced on April 28, speaking at the Alfa Summit, by the head of the regulator, Elvira Nabiullina.

"We see that there is a company in difficult conditions, there is a company in fairly good condition, and, of course, we evaluate the overall picture. We do not see any risks of financial stability for the economy, systemic risks. And we do it transparently," she said.

The head of the Central Bank added that the regulator constantly publishes reports on the state of the economy, in which it explains its estimates. Nabiullina stressed that the Bank of Russia points to indicators of financial stability in these reports and urged those who wish to find out how the real sector feels to familiarize themselves with them.

On April 24, the press service of the Central Bank of the Russian Federation reported that the members of the board of directors decided to reduce the key rate by 50 basis points to 14.5% per annum. The statement noted that the dynamics of domestic demand has now approached the opportunities for a potential expansion of the supply of goods and services, while the indicators of steady price growth have remained in the range of 4-5% in annual terms.

Переведено сервисом «Яндекс Переводчик»

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