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International Business Times

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AFP News

Russian Central Bank Chief Calls For 'Open Economy'

central bank Russia Elvira Nabiullina Economy Vladimir Putin Ukraine

Russia's Central Bank Governor Elvira Nabiullina the country must prioritise 'ensuring the openness of our economy'. (Credit: AFP)

Russia's central bank chief called Thursday for Russia to be an "open economy" despite the barrage of Western sanctions and trading restrictions it has been hit with over its Ukraine offensive.

Central Bank Governor Elvira Nabiullina was speaking at the Saint Petersburg International Economic Forum (SPIEF), Russia's landmark annual business event that used to be a hotbed of dealmaking for Western investors.

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