{"id":33646,"date":"2020-12-18T18:01:13","date_gmt":"2020-12-18T16:01:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=33646"},"modified":"2025-08-28T14:51:07","modified_gmt":"2025-08-28T11:51:07","slug":"nabiullina-the-digital-ruble-will-not-affect-credit-and-deposit-rates","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/nabiullina-the-digital-ruble-will-not-affect-credit-and-deposit-rates\/","title":{"rendered":"Nabiullina: The Digital Ruble Will Not Affect Credit and Deposit Rates"},"content":{"rendered":"<p>The issuance of the digital ruble will not affect lending rates, said the head of the Bank of Russia, Elvira Nabiullina.<!--more--><\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/TvmizJODOeM\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<blockquote>\n<p>&#8220;Credit and deposit rates will be the same with the digital ruble and without the digital ruble,&#8221; she said.<\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">The head of the Central Bank also commented on <a href=\"https:\/\/u1f987.com\/en\/news\/sberbank-flags-capital-outflow-from-banks-and-higher-lending-rates-amid-the-digital-ruble\">Sberbank&#8217;s assumption<\/a> about a possible transfer of 2 to 4 trillion rubles from banks: <\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">&#8220;I don&#8217;t know where these figures that are being cited came from. In our view, these estimates are baseless. We do not see that this would lead to any serious transfers or changes.&#8221;<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">She noted that if a decision to issue the digital ruble is made, it will be a very gradual process.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Earlier, the Central Bank <a href=\"https:\/\/u1f987.com\/en\/news\/bank-of-russia-weighs-possibility-of-creating-a-digital-ruble\"><span style=\"font-weight: 400;\">began discussions<\/span><\/a> of the possible launch of its own digital currency (CBDC) in October.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Elvira Nabiullina said that the digital ruble <a href=\"https:\/\/u1f987.com\/en\/news\/nabiullina-the-digital-ruble-could-affect-banks-business-models\"><span style=\"font-weight: 400;\">may affect banks&#8217; business models<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The central bank has repeatedly stressed that the new asset would be <a href=\"https:\/\/u1f987.com\/en\/news\/bank-of-russia-the-digital-ruble-will-be-a-third-form-of-money-but-not-a-cryptocurrency-analogue\">the third form of money<\/a> in the event of its issuance. However, a final decision on the necessity of launching CBDC has not yet been made.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A detailed analysis of the central bank&#8217;s report on the digital ruble can be read in ForkLog&#8217;s exclusive.<\/span><\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"ii7CSzwToD\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/accessibility-and-traceability-how-the-bank-of-russia-sees-the-digital-ruble\">Accessibility and traceability: how the Bank of Russia sees the digital ruble<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cAccessibility and traceability: how the Bank of Russia sees the digital ruble\u201d \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/exclusive\/obshhedostupnost-i-otslezhivaemost-kakim-bank-rossii-vidit-tsifrovoj-rubl\/embed#?secret=rxb9rtazbS#?secret=ii7CSzwToD\" data-secret=\"ii7CSzwToD\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The issuance of the digital ruble will not affect lending rates, said the head of the Bank of Russia, Elvira Nabiullina, at a press conference.<\/p>\n","protected":false},"author":1,"featured_media":33647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[345,1165,1996],"class_list":["post-33646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bank-of-russia","tag-digital-ruble","tag-elvira-nabiullina"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=33646"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33646\/revisions"}],"predecessor-version":[{"id":33648,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33646\/revisions\/33648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/33647"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=33646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=33646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=33646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}