Central Bank is mulling new measures to limit the issuance of foreign currency loans by banks

© RIA Novosti / Natalia to Seliverstova in photobacteria the Bank of RussiaCentral Bank is mulling new measures to limit the issuance of foreign currency loans by banks© RIA Novosti / Natalia to Seliverstova the image Bank

CBR is exploring the possibility of additional restrictions on the issue by Russian banks of foreign currency loans, said the first Deputy Chairman of the Central Bank Ksenia Yudaeva.

«It is very important to prevent a new wave of currency risks in the system, so we now are considering the feasibility of introducing additional measures to restrict foreign currency lending,» said Yudaeva, speaking at the international banking forum «Treasury 2018».

She added that this decision was influenced by a number of factors, including continued tightening of monetary policy in the United States and the possible start of monetary tightening in other countries with developed markets.

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