The first deputy chairman Sergei Shvetsov called the critical situation in the currency market.
«Even in a nightmare we could not imagine a year ago that it was possible – he said, speaking at a discussion of the implementation of measures to financial market development. – But believe me, that the Board of Directors of the Central Bank made the decision to choose between bad and very bad dream. But we made this decision, and what it will have consequences for the market and the economy, I will not undertake to predict ».
He stressed that this decision does not complete a set of measures of the Central Bank, aimed at supporting the national currency and stabilization situation. “But as soon as the situation is comparable with the hard period in 2008. We already have experience of crises. I hope that it will help market participants to survive in difficult times “, – said Shvetsov.
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