Elvira Nabiullina, the Central Bank of Russia’s
leader since 2013, is credited with shoring up the ruble and Russia’s defenses
against global sanctions
https://www.nytimes.com/2022/05/09/business/elvira-nabiullina-russia-central-bank.html
“She’s been the very model of a modern central banker,” said Richard Portes, a professor of economics at London Business School who has shared panel stages with Ms. Nabiullina at conferences.
“She was doing what she had to do,” he said, even when it was politically difficult. “If you want a demonstration of the alternative,” Mr. Portes added, “you need look only at Turkey,” where years of political interference in the central bank have allowed inflation to run out of control, reaching 70 percent this month.
https://www.nytimes.com/2022/05/09/business/elvira-nabiullina-russia-central-bank.html
“She’s been the very model of a modern central banker,” said Richard Portes, a professor of economics at London Business School who has shared panel stages with Ms. Nabiullina at conferences.
“She was doing what she had to do,” he said, even when it was politically difficult. “If you want a demonstration of the alternative,” Mr. Portes added, “you need look only at Turkey,” where years of political interference in the central bank have allowed inflation to run out of control, reaching 70 percent this month.