The Central Bank of the Russian Federation takes into account the escalation of the conflict between Palestine and Israel when making key decisions. This was stated by the head of the financial regulator Elvira Nabiullina, whose statement was published in the official gazette. Web site organizations.
On Friday, October 27, the governor of the Central Bank of the Russian Federation held a press conference after the meeting of the regulatory board. He also commented on the situation in the Middle East, calling it a “significant factor of uncertainty” in the global market.
As Nabiullina said, we are also talking about the energy market. He did not exclude that the extension of hostilities between the Israeli Defense Forces (IDF) and the Palestinian Hamas movement could lead to a decrease in demand for the main export categories of Russian goods from other countries.
“This effect (of the conflict in the Middle East – socialbites.ca) may mean, on the one hand, for the Russian economy – an increase in export prices, and on the other hand, a decrease in demand volumes,” said the Head of the Center. The bank announced.
Also during Nabiullina’s press conference reported On the financial regulator’s readiness to decisively combat inflation in the country. At the same time, he announced that the Central Bank of the Russian Federation increased its 2023 inflation forecast from 6-7% to 7-7.5%.
Previously in Greece guess Rising gas prices due to conflicts in the Middle East.