Elvira Nabiullina

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

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

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

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.

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

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.

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

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

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

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

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.

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