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Bank of Russia actively develops digital finance in international payments

Elvira Nabiullina added that the entire Russian economy earns about $27.03-32.43 bln per month

MOSCOW, December 7. /TASS/. The Bank of Russia is constantly discussing a convenient mechanism for international payments in national currencies, and the prospects for such payments in digital finance, Governor of the Bank of Russia Elvira Nabiullina said at the "Russia Calling!" forum.

"Despite the fact that investment cooperation and trade with China are actively developing, there is still huge potential ahead. Of course, this potential needs to be supported by changes in the financial sector, in the area of payments. My colleagues and I are constantly discussing a convenient payment mechanism, primarily in national currencies, there are prospects here, including digital finance," she said.

She also noted that the Russian economy does not lack financial resources. "We do not have a shortage of finances. We meet not only with bankers, but also with representatives of the real sector of the economy - everyone understands that there are resources," she said.

Nabiullina added that the entire Russian economy earns about 2.5-3 trillion rubles ($27.03-32.43 bln) per month.

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