Names and News - Defending Russia's war economy

Defending Russia's war economy. If Vladimir Putin is the most important man in Russia, then Elvira Naina is surely the most important woman as head of the Central bank of Russia. Nebuli has been guiding the country's financial defenses against western sanctions. She has managed the economy's recovery since the ruble lost a quarter of its value. Right after the invasion began with capital controls and interest rates of 20%. The 58 year old prevented a market panic and potential run on the banks since starting the job in 2013, Nelina has modernized the central bank and fought corruption in the financial system. Both of which are politically risky. This has given her a reputation as a tough decision maker. In 2015, she was named Central Bank governor of the year by Euromoney magazine. Now with the bad recession and inflation that could reach 23% this year, there are more tough decisions ahead. Sergei Guri, a Russian economist and professor at Sciences po in Paris told the New York Times, I think that she is actually propping up Putin's war economy. She's actually doing something that she didn't sign up for