Banks will be able to fulfill the obligations in any currency, Nabiullina said

© RIA Novosti / Evgeny to Betemporary in fotoreceptor the Central Bank of Russia Elvira Nabiullina. Archival photoBanks will be able to fulfill the obligations in any currency, Nabiullina said© RIA Novosti / Evgeny to Betemporary the image Bank

The Chairman of the Bank of Russia Elvira Nabiullina believes that the Central Bank has enough resources to banks to fulfil all obligations before the population of the obligations in any currency.

«We have the resources and tools enough to ensure that banks are able to fulfill all of its obligations to the population in any currency,» Nabiullina said in the program «Vesti on Saturday» on TV channel «Russia-1».

She also recalled the purpose of achieving a key rate a «neutral» level. «For the Russian economy — it is 6-7%,» — said Nabiullina.

Source