Elvira Nabiullina

Elvira Nabiullina

  • A former economic advisor to Russian President Vladamir Putin, Nabiullina became the first woman to run a central bank of a G8 country in 2013.
  • She believes that keeping a floating exchange rate and reserving the surplus from the sale of hydrocarbons has reduced Russia's dependence on oil.
  • Nabiullina says the risks to the Russian economy are changes in oil prices, worsening trade wars and the strengthening of sanctions on oil and energy.
  • She has said that the bank had developed a system of measures with every major bank in the event Washington imposes sanctions on Russia.

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