Russian Central Bank Says Russia Is Not Facing A Default

Bank of Russia © Sergei Bobylev/TASS  

RT: Russia not facing default – central bank  

The country has all the necessary financial resources to withstand Western pressure, Elvira Nabiullina says  

Russia has all the necessary financial resources to allow the economy to function under sanctions pressure, the Governor of the Central Bank Elvira Nabiullina said on Thursday at a meeting of the State Duma. 

She stressed there is no danger of default for the country. “Russia has the resources, all the necessary financial resources. No default threatens us,” she said.  

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Update: Russia does not face risks of default — Bank of Russia (TASS)  

WNU Editor: The Russian Governor of the Central Bank may have a point. The ruble is now worth more today than before the war .... Euro drops to 79 rubles at Moscow Exchange — trading data (TASS).