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" The use of crypto-currency as a surrogate for the ruble in trading in goods and services, in our opinion, has a risk of undermining the circulation of money. "

Elvira Nabiullina

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" The monetary policy instruments which Russia has at its disposal are pretty well developed. "

Elvira Nabiullina

" Inflation in Russia is primarily related to internal factors. "

Elvira Nabiullina

" What pleases us is that people are realising that punishment is inevitable for those who don't respect the law. "

Elvira Nabiullina

" We will not allow the use of crypto-currency as a surrogate money. "

Elvira Nabiullina

" As a former economy minister, I can't not think about economic growth. The central bank should also think about this but through its own instruments. "

Elvira Nabiullina

" I believe that being in a position, as a central bank, to influence economic growth does not mean losing independence. "

Elvira Nabiullina

" There's a lot of pressure and criticism in a crisis, but you can't miss the wood for the trees. "

Elvira Nabiullina

" Cooperation on the international level could help to solve the problem of sources of sharp capital flow volatility and its consequences. "

Elvira Nabiullina

" My view was that government officials could not sit on the board of the central bank, and I am very happy that has been upheld. "

Elvira Nabiullina

" The most important thing is not to be dogmatic but flexible and consistent. "

Elvira Nabiullina

The Most Important

" I do not feel that some things are masculine and others are feminine. "

Elvira Nabiullina

" There's no doubt that decisions made by the leading central banks do affect the global financial markets and, consequently, our situation. "

Elvira Nabiullina

" I believe that high, sustainable growth rates can only be possible on the basis of macro-stability. "

Elvira Nabiullina

" I think that many central banks and financial authorities understand that any long term attempt to compete through an artificial depreciation of their currency will not be very effective in the long term. "

Elvira Nabiullina

" Of course I welcome all the normalization of monetary policy. I think monetary policy should be normal. "

Elvira Nabiullina

" One of the main priorities of Russia's economic policy is to create conditions and form our own financial resources for economic modernisation. "

Elvira Nabiullina

" A flexible exchange rate is important, and it shouldn't be artificially restrained because of the needs of the economy. "

Elvira Nabiullina

" In my view, the key aim of economic policy in many countries, and particularly in Russia, should be the sort of policy that stimulates productivity growth because only on the basis of growth of labour productivity can we enjoy healthy growth. "

Elvira Nabiullina

" It seems to me that a market exchange rate which is not artificially controlled by central banks enables one to balance the interests of different market players - exporters and importers, investors, borrowers, lenders. "

Elvira Nabiullina