The Central Bank of Russia remains committed to the floating exchange rate of the ruble and finds it acceptable to intervene in the foreign exchange market only if there are threats to financial stability. This was expressed by the head of the Central Bank, Elvira Nabiullina, reported TASS.
“We remain committed to the floating rate of interest as a very effective stabilizer for the national economy. “We find it acceptable to intervene in the operation of the foreign exchange market only when events related to it pose a threat to financial stability, as happened last spring,” Nabiullina said in her speech to the State Duma.
It also explained that it is not recommended to make significant changes to the current currency restrictions at this time.
nabiullina reported, Russians will be able to replenish their ruble digital wallet in a month in an amount not exceeding 300 thousand rubles. According to him, transfers in digital rubles will be completely free, while the transfer limit will be three times higher than in the Fast Payment System, where the maximum amount of commission-free transfers per month is 100 thousand rubles.