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Russian central bank chief wanted out over Ukraine but Putin said no

Section: Daily Dispatches

From Bloomberg News
Wednesday, March 23, 2022

Russia's highly regarded central bank Governor Elvira Nabiullina sought to resign after Vladimir Putin ordered an invasion of Ukraine, only to be told by the president to stay, according to four people with knowledge of the discussions.

Nabiullina was nominated for a new five-year term last week and her current views couldn't be learned. She is left to manage the fallout from a war that has quickly undone much of what’s she has accomplished in the nine years since she took office.

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The people said departure now would be seen as a betrayal by the president, with whom she has worked closely for nearly two decades. 

Nabiullina, 58, hasn't commented publicly on her reappointment and didn't respond to a query for this article. The central bank's press service didn't respond to a request for comment for this article. After it was published, the press service told Tass that it "doesn’t correspond to reality," providing no further details. A Kremlin spokesman didn't reply to a request for comment. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2022-03-23/russia-central-banker-wanted-out-over-ukraine-but-putin-said-no 

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