Posted 12/26/2023, 5:26:00 AM
Russian central bank chief expects more sanctions, warns of economic challenges ahead despite resilience
- Russian central bank governor Elvira Nabiullina expects more sanctions ahead and warns Russia must prepare
- Nabiullina has helped steer Russia's economy through crises, now supports Putin's wartime economy
- Russia's economy has adapted quickly to sanctions so far and is restructuring, Nabiullina says
- But she acknowledges challenges like issues with cross-border payments and weak investment sentiment
- While Russia's economy seems resilient, expert says "the real situation is bad" with growth due to military spending