15 Jun 2023 17:41

Global crisis can be avoided, but the likelihood of the scenario still remains - Nabiullina

ST. PETERSBURG. June 15 (Interfax) - The global crisis will be avoided, but the likelihood of this scenario remains, Elvira Nabiullina, Governor of Russia's Central Bank, said.

"To be honest, I think the world crisis will avoid becoming a global one," Nabiullina told reporters on the sidelines of the SPIEF.

"The probability remains, however, and we will now update our different scenarios for the main potential situations."