08:39 GMT +315 December 2019
Listen Live
    Russian Central Bank

    Russia's Central Bank Expects Sanctions to Remain in Medium Term - Governor

    © Sputnik / Ruslan Krivobok
    Russia
    Get short URL
    Western Sanctions Against Russia (737)
    0 27
    Subscribe

    The Central Bank of Russia continues to assume that the anti-Russian sanctions in the medium term remain, CBR Governor Elvira Nabiullina said Friday.

    MOSCOW, (Sputnik) — The Central Bank of Russia (CBR) continues to assume in all three versions of its forecast that the sanctions against Russia over the medium term remain, CBR Governor Elvira Nabiullina said Friday.

    "We did not include the provision on the lifting of sanctions in any of our three forecast variants — the risky one, the basic one, and the one with high oil prices," Nabiullina said in response to the question whether the CBR calculated the possible lifting of sanctions by the United States after the victory of Donald Trump in the US presidential elections.

    Since 2014, relations between Russia and the United States deteriorated amid the crisis in Ukraine. Washington and their allies have introduced several rounds of anti-Russia sanctions since Crimea became part of Russia in 2014 and over Moscow's alleged involvement in the Ukrainian conflict. Russia has repeatedly refuted the allegations, warning that the Western sanctions are counterproductive and undermine global stability.

     

    Topic:
    Western Sanctions Against Russia (737)

    Related:

    Russian Central Bank Denies Losing $31Mln in Single Hacking Attack
    Russian Central Bank Clears Financial Services Market of Undesirable Players
    Russian Finance Minister: Central Bank to Follow Inflation in Lowering Rates
    Tags:
    anti-Russian sanctions, sanctions, Russian Central Bank, Elvira Nabiullina, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik