https://sputnikglobe.com/20230620/deputy-governor-of-russian-central-bank-supports-opening-representations-abroad-1111326656.html

Deputy Governor of Russian Central Bank Supports Opening Representations Abroad

Deputy Governor of Russian Central Bank Supports Opening Representations Abroad

Sputnik International

First Deputy Governor of the Bank of Russia Vladimir Chistyukhin said on Tuesday he supports the idea for the regulator to open its own representative offices in the largest partner countries.

2023-06-20T12:19+0000

2023-06-20T12:19+0000

2023-06-20T12:25+0000

economy

russian economy under sanctions

russian central bank

https://cdn1.img.sputnikglobe.com/img/104212/80/1042128035_0:17:3001:1705_1920x0_80_0_0_87dd837c94bec3d148b30b0ec6cd3583.jpg

"In principle, I support the idea of having Central Bank representative offices in the largest partner countries," he told reporters. Chistyukhin noted that a continuous dialogue with foreign regulators can only be maintained if there are people on the ground who know local specifics, speak the language, and are ready to promptly discuss various issues, including confidential. The COVID-19-related restrictions showed that occasional business trips cannot serve as a viable alternative to permanent representation, he added. In 2017, the Russian Central Bank opened its first representative office in Beijing.

https://sputnikglobe.com/20230520/antonov-emerging-economies-to-turn-backs-on-washington-due-to-sanctions-harm-1110474980.html

2023

News

en_EN

russian economy under sanctions, central bank, representative office central bank