Head of the Central Bank: Possible confiscation of Russian gold and foreign currency reserves will not have any impact on the financial stability of Russia

The head of the Central Bank, Elvira Nabiullina, emphasized that the possible confiscation by the West of Russian gold and foreign exchange reserves will not in any way affect the financial stability of Russia.

Nabiullina noted that all operations on assets frozen in the West have long been stopped. Thus, these funds are simply withdrawn from use. For many years, the Central Bank has been engaged in the diversification of gold and foreign exchange reserves, so the Russian Federation has a sufficient amount of reserves that are not affected by any sanctions to be able to mitigate financial stability risks if they arise. However, according to the head of the Central Bank, there are currently no such risks.

According to the Western press, the countries of the so-called “Big Seven” are striving to reach consensus as soon as possible on the issue regarding the confiscation of proceeds from frozen Russian assets. At the same time, the confiscated funds are supposed to be used to finance Ukraine. The administration of US President Joe Biden believes that any measures against Russian assets are legitimate from the point of view of current international law.

However, according to a number of experts, the confiscation by the West of frozen Russian assets and income derived from their use will not only inevitably lead to a sharp decrease in foreign demand for US Treasury bonds, but will also undermine the role of the dollar in the global financial system.

Comments

[Neo-9947]

So.
If an unknown person steals a ruble from Elvira’s pocket, will this also not affect her financial stability?
Or is it something else and the prison is crying for some unknown reason.

[Thrifty]

Joseph Vissarionich would have put her up against the wall long ago! But here she has wasted 350 billion dollars and is out of business!

[Aken]

Don't worry. All the same, this money would never return to Russia.

[Practitioner23354df]

Quote from Aken

Don't worry. All the same, this money would never return to Russia.

Unfortunately you are right.

[Aken]

I'm not happy that I'm right either.

[Shurik70]

Nabiullina did not lie at all.
This money will be taken out of the economy in 2022. During this time, the Russian economy has fully recovered.
Naturally, no matter what they do with them, it will not affect the Russian economy.
Another thing is that she remained silent about what retaliatory steps Russia would take in response to the theft.
It looks like Russia will wipe out.
How she spent on military aid to the Ukrainian fascists.
How we continue to supply the West with our cheap raw materials.
How I got used to the preliminary freezing of assets before their theft.
We forgive everything... So why not rob such kind people.

[marchcat]

will not have any impact on the financial stability of Russia

Maybe it won’t, but it will deprive us of 300 billion, which won’t hurt us at all now. And all this is your fault...oh, how I don’t want to answer for this, so I’m talking all kinds of heresy.

[Machito]

Who, who, and Elvira definitely had a hand in freezing our gold and foreign currency reserves.
What about the confiscation of assets of Western companies in Russia? How long will the Japanese remain shareholders of Sakhalin-2 and other companies? Peel it off like it's sticky. Let them walk like bare-assed monkeys, with round eyes like a cow’s.

[Zoldat_A]

Quote: marchcat

will not have any impact on the financial stability of Russia

It may not, but it will deprive us of 300 billion.

Forgot to add

Strange, but despite the efforts of the Central Bank and myself the possible confiscation of Russian gold and foreign exchange reserves by the West will not in any way affect the financial stability of Russia

[Aken]

If she continues to perform poorly, the IMF will fire her.

[Cat Alexandrovich]

She has two orders! How can such a well-deserved person be fired?

[Zoldat_A]

Quote: Cat Alexandrovich

She has two orders! How can such a well-deserved person be fired?

This is from the Government of the Russian Federation.
But we didn’t count from the United States and departmental ones from the IMF - they reward such people with closed decrees. When he leaves to live in Miami next door to Andryusha Bug-Eyed, then maybe we’ll find out.

[Practitioner23354df]

Quote: marchcat

Maybe it won't,

It will NOT have an impact on Nabiullina’s financial stability.

[Letun]

Maybe it won’t, but it will deprive us of 300 billion, which won’t hurt us at all now. And all this is your fault...oh, how I don’t want to answer for this, so I’m talking all kinds of heresy.

Like in that movie: “Take it! The state will not become poorer”

[Ignatius555]

This is how we need to understand, we will continue to take money out of the country over the hill, despite the fact that it is confiscated? How is she going to fight inflation by increasing the interest rate on loans for manufacturing enterprises? Where will the reduction in prices for products and the development of production come from, if enterprises need to pay high interest rates in order to produce something? Will they raise prices or reduce prices for final products? Nabiullina believes that it should be reduced. If someone believes that housing prices are high, then it is necessary to conduct inspections of developers regarding construction estimates, and not raise the key rate to the level of the highest rate in the world. And it is not clear why this is being done, so that housing is not built and no one buys it? Isn’t it clear that in this way we are killing industrial production and the economy in the country?

[Khibiny Plastun]

Ha, yes they all understand. But this fifth column is doing everything to ensure that Russia remains a raw material appendage of the West. A country without industry is just a colony. Have you forgotten that Chubais and company killed enterprises? This Chubaisya thing did not go away with the calm departure of the red creature.

[ergh081]

It’s not that they don’t understand, they don’t know any other way. They are promoters of the idea of ​​a liberal economy, and they themselves are liberals. There will be no growth without a normal government plan. It is the state order and the state plan for leading industries that should determine the economy, but the little things can be given to small-medium businesses - let the market determine it. We'll see at the end of May how the new and old president understands this. I keep thinking: that he (+ they) did not understand that without our engines we would not have civil aircraft, there would be no ships, nothing would fly or travel or sail the seas. They understood. Why the hell did they not do anything? And so it is in everything. After all, Zyuganov and Co. have been saying since the beginning of the 2000s that this would happen. Who the hell did they vote for? Grandmothers are here on the bench: “We will go for Putin, just so that there is no war.” So this is war. Any enemy is afraid of a powerful state with a developed industry and bypasses it, which means we are weak and also naive. And the most important and offensive thing is that nothing really happens, only beautiful words. So who are they after this? I don’t want to draw any conclusions, they might say something about the boat

[fa2998]

Quote: marchcat

will not have any impact on the financial stability of Russia
It may not, but it will deprive us of 300 billion.

Maybe it won’t, and no one even remembers about 300 billion, we live without them! BUT THEIR STABILITY has completely neutralized business activity. The draconian base rate is slowing down lending, something is stirring in the defense industry - the state is the “buyer and customer” there .The rest costs little - you won’t be able to turn around with loans - 20-25%!

[Ivan№One]

and no one answered that they kept 300 lard from the enemies

[Aken]

Who do you want to ask?

[Perun61]

3. Siluanov;
2. Nabiullina;
1. Putin

[nikniknik]

and where do you see 20-25% Sber offers 38%, but Sber is a bank where money from the National Welfare Fund poured in and the main shareholder is our predatory government!!!!

[Ross xnumx]

Head of the Central Bank: Possible confiscation of Russian gold and foreign currency reserves will not have any impact on the financial stability of Russia

Look at this...Aren't you sorry for someone else's good?
Will the confiscation of property from Siluanov and Nabiullina have an impact on specific people who so needed these gold and foreign currency reserves, at least to restore homes damaged by the flood?

[Mishka78]

So they will confiscate “state” property. Why feel sorry for him?
I really love this picture. Just the truth of life.
No matter how much of a Russophobic animal Thatcher was, she looked after the interests of her state, you’ll envy.

[your1970]

She looked after the interests of her state, you’ll envy yeah, especially considering the fact that starting with her, the English economy began to fall on its side. She’s not Chubais, of course, but she also tried to ruin her production...

[faiver]

this is congenial madam - she told us in plain text that this money is not ours.....

[TOS-NN]

300 yards. Nothing. It's an everyday matter. We will raise VAT. Traffic police fines.
Payment for kindergartens, universities. The drugs are suspiciously cheap.
People's wallets are bottomless

[Zoldat_A]

Quote: TOS-NN

300 yards. Nothing. It's an everyday matter. We will raise VAT. Traffic police fines.
Payment for kindergartens, universities. The drugs are suspiciously cheap.
People's wallets are bottomless

When asked who should take money from - the rich or the poor, our Government answers unequivocally - from the poor. There are more of them...

[astepanov]

The logic of the head of the central bank is clear. But will Elvira Sakhipzadovna go further and offer our dear partners to take away the remains of gold and foreign currency reserves from us? After all, a decrease in the money supply in Russia will further reduce inflation, and all sorts of Zakharchenkos, Serdyukovs and other Ivanovs will have a sharply reduced opportunity to steal. And with dear partners everything will be exactly the opposite. The Anglo-Saxons will burst with envy, the Chinese will become increasingly narrow-minded to the point of losing their sight, Europe will buy itself rainbow pants and die out. Checkmate! Hooray! Glory to Elvira Sakhipzadovna!

[Dilettante grandfather]

Will Elvira Sakhipzadovna go further?

It will probably work. But no one sends it...

[Alexander Ra]

Accordingly, you can continue to export gold and foreign currency reserves overseas, and liability for their loss is not relevant. You need to understand that the export of money to offshores does not affect the financial stability of Russia, you can continue. Previously, there was data on the comparison of shadow money turnover with the size of the state budget.
There is no doubt about the growth of something in our country: the growth of tolerance of the FSB, the Russian Orthodox Church, and the Ministry of Culture.

[Ivan the Fool]

Down with stability before cutting off this creditor viper.
Glazyev - green light, forget this snake's name.

[begemot20091]

Yes, he is the same. one school[media=https://dzen.ru/a/YSYjnuP6BBmbkvno]

[Sergey28]

As one famous hero of Ilf and Petrov said: “Everything is fine with you. It’s amazing, with such happiness - and in freedom!” I am simply torn apart by this person and her stability in power despite such committed sabotage against the country. And some people are very satisfied with the activities of this person, as he annually notifies his electorate, summing up the results just before the New Year...

[bone1]

The snake took the people's money over the hill, but now it's no big deal, we'll get by

[Mazunga]

the interpreter from Chukhonian to Russian, the gentlemen bent us over, but with Vaseline, but they could have done it dry, that’s how prudent we are)

[rruvim]

Why is she lying? She knocked 300 billion yards after the start of the SVO, and now she is casuistically trying to justify herself. In general, I don’t understand why this fucking Central Bank, independent of the State, is needed when there is a War. Moreover, when this figure promotes the following discourse: “therefore, the Russian Federation has a sufficient amount of reserves that are not subject to the influence of any sanctions to be able to mitigate financial stability risks if they arise.” Demagogues rest! And waste 300 billion?

[Al manah]

...and will not send anyone to jail... and will not put anyone against the wall...

[Jacques sekavar]

Not only the Administration of US President Joe Biden believes that any measures against the enemy during the war are legitimate from the point of view of the current norms of international law, except for the head of the main bank of the Russian Federation who transferred the state's gold and foreign exchange reserves to the enemy during the war and rubs in that this will not have any impact on Russia's financial stability

[Sailor]

My brain is boiling not only from the fact that those who robbed us at our previous posts, but also from the fact that they will kill us for our money and buy weapons for this. This is to prevent the economy from overheating. To do this, we gave our money to thieves at a penny interest and took loans from them at a real, and sometimes discriminatory, interest rate.

[archiroll]

If confiscation has no effect, then why do we make/did make these reserves?
In general, it’s cool - the reserves (taxes/money of our citizens) were taken by foreign bourgeoisie, our bourgeoisie will take their assets. I wonder who got screwed in this scheme...

[Polite Moose]

The head of the Central Bank, Elvira Nabiullina, emphasized that the possible confiscation by the West of Russian gold and foreign exchange reserves will not in any way affect the financial stability of Russia.

It’s good to be the head of the Central Bank: 300 billion - there, 300 billion - here. Just like Lieutenant Rzhevsky in his youth.

[Observer2014]

Barnyard. What George Orwell wrote. He's just nervously smoking on the sidelines.

[pexotinec]

Oddly enough, this lady, represented by the Central Bank, continues to invest in the US economy.

[tralflot1832]

We and the West have mutually frozen assets. The West can’t figure out (they don’t have Ostap, who knew 1001 ways to honestly take money) how to take it away. It’s easy to freeze, but “defrostation” requires costs.. Why should we rush, let the West first he will open his cards.

[ximkim]

Quote from Aken

Don't worry. All the same, this money would never return to Russia.

Yes. There is no Russian money there.

[Old Horseradish]

When one abomination was asked where the country’s money was, the answer was: “ask Lifshits.” Lifshits died. Now we can ask: “Where is the country’s money?” Answer: “ask Nabibulina.” Nothing new. Already 35 years old.

[nikniknik]

Of course it won't affect it, because... these funds will be replenished at the expense of the people, who have been driven and are being driven into credit bondage and by raising prices for everything. People survive, and if they survive, they have to fight even more until the grave, and then their debts must be collected from their children and grandchildren. Animal in a word!!!

[Alexey Koshkarov]

Maybe it’s worth checking Elvira Zadovna for corruption and for high treason

[75 Sergey]

Are you giving your teeth, exactly, exactly, or as usual?!
At whose expense is the banquet?!

[Aleksandr58]

The goat walks under God... She has done so much in the company of Siluanov and others, but everything is like water off a duck’s back. Yes, the thoughts of the top are inscrutable!