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CATEGORY: elvira nabiullina


Apr 21, 2023 02:10

Bank of Russia Has Stockpiled Reserve Comprised of Non-US Sanctioned Assets, Governor States

Elvira Nabiullina, governor of the Bank of Russia, has affirmed the bank has stockpiled reserves in assets that are not susceptible to being affected by U.S. sanctions. The official clarified that Russia has built a “safety cushion” in these assets while it continues working on creating new reserves in non-U.S. sanctioned assets. Russia Built Bank [...]

The post Bank of Russia Has Stockpiled Reserve Comprised of Non-US Sanctioned Assets, Governor States appeared first on Crypto Breaking News.

Jul 12, 2023 01:20

Russia’s Central Bank: BRICS Currency Requires Consent of Many Parties, Faces Implementation Challenges

The governor of Russia’s central bank says the creation of a common BRICS currency “requires the consent of many parties.” While emphasizing that the proposed BRICS currency “deserves attention,” the Russian central bank chief cautioned that this project is challenging and “will be quite difficult to implement.” Bank of Russia Governor on BRICS Currency Bank

The post Russia’s Central Bank: BRICS Currency Requires Consent of Many Parties, Faces Implementation Challenges appeared first on BTC Ethereum Crypto Currency Blog.

Aug 11, 2023 02:10

Bank of Russia Reports 13 Banks Will Participate in Digital Ruble Pilot

The Bank of Russia has announced that all 13 banks intending to participate in the digital ruble pilot have already completed their preparations to join the upcoming test. Olga Skorobogatova, first deputy governor of the Bank of Russia, stated that customers of these banks will be able to apply to join the pilot “after some [...]

The post Bank of Russia Reports 13 Banks Will Participate in Digital Ruble Pilot appeared first on Crypto Breaking News.

May 04, 2023 02:15

Russia Projected to Start Purchasing Chinese Yuan for Its Foreign Reserves as Soon as May

Russia will start to purchase Chinese yuan for its international reserves as soon as this month, according to reports from Russian economists. While analysts state that the purchases will be small and symbolic in the beginning, these will supposedly demonstrate a turnaround in the economy of the country. Russia to Purchase Chinese Yuan for Reserves [...]

The post Russia Projected to Start Purchasing Chinese Yuan for Its Foreign Reserves as Soon as May appeared first on Crypto Breaking News.

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