CBR’s Nabiullina: Russia needs major improvement in business climate for economy to grow

Dhwani Mehta FXStreet

Reuters reports the latest comments from the Central Bank of the Russian Federation (CBR), Governor Elvira Nabiullina, as she speaks on the economic outlook.

Key Headlines:

There is no reason to think that the external situation will change drastically in the near future.

Main restrictions on economic development are domestic.

Russia needs major improvement in the business climate for the economy to grow.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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