MOSCOW, March 22. /TASS/. Russian banks and companies continue to look for ways to work with international payments, head of the Bank of Russia, Elvira Nabiullina, at a press conference following a meeting of the board of directors of the regulator.

"Due to sanctions, there are certainly difficulties with conducting cross-border payments. Nevertheless, Russian banks and companies are finding different ways [of making payments] with different countries, and are quite flexible in changing these methods when difficulties increase," she said.

Nabiullina noted that the Bank of Russia closely monitors the currency structure that is used in cross-border settlements. In general, the share of the ruble and the currencies of friendly countries continues to grow. At the same time, entities involved in foreign economic activity choose currencies for settlements independently, based on preferences and the ability to use certain payment channels.