OREANDA-NEWS  The central bank, against the background of a sharp weakening of the ruble exchange rate, does not see risks to the financial stability of the country, but is ready to intervene with the help of currency interventions if such risks appear. This was stated at the Financial Congress in St. Petersburg by the head of the regulator Elvira Nabiullina, reports TASS.

Financial stability risks, she explained, mean a shortage of liquidity in the market. According to Nabiullina, any ruble exchange rate is acceptable for the Central Bank, it is taken into account in monetary policy. Thus, the head of the regulator commented on the growth of the dollar and euro exchange rates to highs over the past 15 months.

She also asked not to explain the current situation in the foreign exchange market with the help of conspiracy theories, according to which the government, against the background of a budget deficit with the help of a weak ruble, allegedly wants to fill the treasury. According to Nabiullina, the problem is connected with a drop in exports in monetary terms and an increase in imports.