Photographer: Andrey Rudakov/Bloomberg

Bank of Russia Ends Silence to Tout a ‘Moderately Tight’ Fix

  • Governor makes unscheduled speech minutes before quiet period
  • Positive real rates help stabilize economy, Nabiullina says

Governor Elvira Nabiullina wasn’t about to run down the clock when only minutes remained before the Bank of Russia entered a self-imposed communication blackout.

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