The company would not have to sell up if they were obliged to do it, said the head of the Central Bank Elvira Nabiullina. She believes that the ruble should be able to adapt to new conditions.
MOSCOW, 3 Nov. The introduction in Russia of mandatory sale of currency proceeds by exporters would not have led to the strengthening of the ruble, said the head of the Central Bank Elvira Nabiullina, speaking in the state Duma at the joint meeting of the committees.
“The introduction of compulsory sale of foreign currency earnings to what would have resulted, because we monitor how buying foreign exchange earnings of the company and its selling. From what we could have launched 50% or much interest, they wouldn’t sell her more,” — said Nabiullina, answering the question of whether the introduction of mandatory sale of foreign currency earnings to strengthen the ruble.
According to her, the ruble had to adapt to new conditions, which is what happened.