Central Bank Governor Elvira Nabiullina said at a press conference that the Central Bank of Russia continues to work on requests for the return of frozen assets of the Russian Federation. This was reported by a socialbites.ca correspondent.
“As for requests regarding frozen assets in general… we are making preparations, we are experiencing some difficulties there, but this issue is being worked on,” he said.
Nabiullina did not provide exact dates for the filing of the claims.
He emphasized that the European Commission’s attempt to use revenues from frozen assets of the Russian Federation to help Ukraine worsens the prospects for the development of the euro as a reserve currency, its use in international reserves and international payments.
Nabiullina also said that the Central Bank of Russia does not see any risks to the security of the country’s gold and foreign exchange reserves, so additional diversification has not yet been considered. He added that high prices of precious metals have been observed in the world recently, which makes it possible to solve the problems in which gold and foreign exchange reserves are created.
Previously Nabiullina statedThe Central Bank of Russia predicts a slowdown in inflation next year.