Nabiullina: Talking about the default, to put it mildly, exaggerated

Nabiullina: Talking about the default, to put it mildly, exaggeratedThe head of the Central Bank of the Russian Federation Elvira Nabiullina believes exaggeration words about a possible default in Russia at the current level of external debt."What is the default may be at such a low level of external debt? Even corporate foreign debt in the past year decreased by 100 billion dollars, the company reduced its external borrowing by the same amount. This company-exporters have export revenues, so all the talk about defaults, to put it mildly, an exaggeration," said Elvira Nabiullina in the "Sunday times" on the First channel.As reported, the total external debt of Russia in 2014 decreased to $ 600 billion.Nabiullina also said that the amount of Bank deposits in dollars, despite the growth in the end of last year amid weakening of the ruble, at the present time does not exceed 30%."We saw that after the ruble has stabilized, there is an increase in ruble deposits, because with rising us interest rates, many banks raised Deposit rates," said she.



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