The Central Bank decided to motivate banks by not extending the relaxation

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The Central Bank of Russia has decided not to extend a series of relaxations for credit institutions, which will expire in 2023. This is stated in Press release The central bank.

The following statements were included in the message: “Credit institutions now have sufficient financial stability and high profitability.”

According to the Bank of Russia, the measures have already fulfilled their supporting role and it is no longer appropriate to use them. The Central Bank noted that the relaxations would reduce banks’ motivation to manage risks independently.

At the end of November, the Central Bank spoke He is against the launch of stablecoins for the Russian ruble. This statement was made by Sergei Shvetsov, First Deputy Governor of the Central Bank, at a webinar to discuss the advisory report of the regulator “Digital Ruble”.

Before that the Moscow Stock Exchange index updated Annual maximum since February 2022.

Previously Deripaska said About the possible future of the Russian economy in five years.

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