Naibiulina acknowledged difficulties on the Russian stock market.…
Naibiulina acknowledged difficulties on the Russian stock market. While the Russian stock market is experiencing challenges, the Central Bank does not currently see any issues requiring emergency intervention.
Consensus
- The Russian stock market is experiencing difficulties.
- No emergency intervention by the central bank is currently required.
- Geopolitical situation and internal problems, such as expectations regarding key interest rate trajectory, are influencing the market.
- The Moscow Exchange index dropped below 2300 points for the first time in over three years.
Points of divergence
- Nabiyullina did not agree with the statement that the Russian stock market 'lies in ruins' — vesti
- The central bank's decision to lower the key rate from 14.5% to 14.25% accelerated dynamics on the Russian securities market — kommersant
- Nabiyullina emphasized that she does not see influence of unauthorized exchanges on the Russian stock market and noted that foreign investors are being monitored to ensure they do not exit the external framework — kommersant
Coverage (2 sources)
- Central Bank Head Comments on the State of the Russian Stock Market — Вести
- Nabiyulina acknowledges difficulties in the Russian stock market — Коммерсантъ