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Central Bank defines financial market development guidelines

It is noted that Russia is at the same time making more active payments in national currencies in conditions of refocusing foreign economic ties

MOSCOW, November 29. /TASS/. The Bank of Russia has defined guidelines for development of the Russian financial market by 2025 and sent the paper to the President, the regulator said on Tuesday.

"The Bank of Russia has identified primary areas for development of the Russian financial market in 2023-2025. This is the key document on domestic financial markets development issues. Draft guidelines of the financial market development were sent to the Russian President and the Russian Government. They are planned to be further discussed during parliamentary hearings in the State Duma," the Central Bank said.

Russia is at the same time making more active payments in national currencies in conditions of refocusing foreign economic ties, the regulator added.