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Who is Elvira Nabiullina, the governor of the Central Bank of Russia?
At the helm of the institute since 2013, she enjoys Putin’s trust, but is also highly regarded in the West. After the start of the war in Ukraine, he would have tried to resign, but to no avail, and he still plays a crucial role in Moscow’s future today.
According to reports from Il Corriere della Sera, Russia has partially further reduced threats against “enemy countries”. gas suppliesit is also thanks to two close associates of the President Wladimir Putin: Economist and Deputy Prime Minister Alexander Novak and the Governor of the Central Bank of Russia, Elvira Nabiullina. Both would have explained to him, both legally and technically, the problems related to the right to receive payments only in rubles, since this currency is not sufficiently available in international markets.
Nabiullina has held the position since 2013, and according to some sources cited by Bloomberg, she would have tried Resigns after the start of the war in Ukraine, without success. The reasons for this choice are not known which was never confirmed by the direct interested party but long before the leak was circulated, the Financial Times wrote that the conflict had “disorganized” their work.technocrat”
Despite this, the governor remained at her post. Not only. As Nobel laureate Paul Krugman noted in a New York Times editorial entitled “Wonking Out: The Curious Case of the Recovering Ruble,” Nabiullina and her colleagues have removed all obstacles defense of the currencyfor example by raising interest rates from 9.5% to 20% and introducing extensive controls to prevent capital flight