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Nabiullina Makes Special Announcement Post-CBR as Speculation Over Resignation Swirls

RUSSIA
  • BANK OF RUSSIA SAYS NABIULLINA WILL MAKE STATEMENT MARCH 18
  • BANK OF RUSSIA: NABIULLINA'S STATEMENT TO FOLLOW RATE DECISION
  • Speculation has been swirling about Nabiullina’s resignation as CBR Governor in relation to the war on Ukraine. On Thursday, the Kommersant business news outlet reported that the influential head of Russia’s central bank, Elvira Nabiullina, was considering resigning.
  • A source close to Nabiullina confirmed to the Guardian that the central bank head had considered leaving her post. “Nabiullina has thought of resigning ever since the war started. But it would have direct consequences for her and her family,” the source said
  • Nabiullina is a major player at the bank and responsible for its broadly accepted credibility on the global stage. Her resignation would be a major blow, but is notably still speculation at this point.
  • Kommersant: https://www.kommersant.ru/doc/5250397
  • Guardian: https://www.theguardian.com/world/2022/mar/12/russ...
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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