The Central Bank of the Russian Federation has firmly decided to return its international reserves

19 April 2022, 15:02 | Economy
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Russia is preparing lawsuits due to the freezing of its international reserves abroad. This is reported by Russian media with reference to the Central Bank of Russia.

However, the Central Bank of the Russian Federation did not indicate which court they would file a lawsuit with.. If to a Russian court, then the decision is already known, but it is also clear that such a decision will not be implemented in other countries.

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Recall that yesterday the Central Bank of the Russian Federation admitted that due to sanctions, Russia has lost access to about half of its reserves (to $300 billion out of $640 billion).

This was stated by the Chairman of the Central Bank Elvira Nabiullina.

She also actually admitted that the Russian economy is on the verge of a crisis..

" And already in the second - the beginning of the third quarter, we will enter a period of structural transformation, the search for new business models. As a Central Bank, we are well aware that this period will be accompanied by a surge in prices for certain goods.. Therefore, inflation will be above the target,"




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