Sept 1 (Reuters) - Russian Central Bank Governor Elvira Nabiullina said on Friday that controls on foreign currency flows should not pose difficulties for economic actors, and should remain limited to their role as a mirroring operation.
Now, currency control measures, in my opinion, should remain primarily those that are of a mirror nature, reciprocal in nature," Nabiullina told a banking conference.
Finance Minister Anton Siluanov, addressing the same banking forum, said his ministry and the central bank were seeking consensus on currency control.
Siluanov said that previously, the Central Bank had been stricter on the issue, and the Ministry of Finance more liberal, but that it was now the other way around.
It has, however, recovered since the central bank pushed up rates on Aug. 15 by 3.5 percentage points to 12%.
Persons:
Russian Central Bank Governor Elvira Nabiullina, Nabiullina, Anton Siluanov, Siluanov, Kevin Liffey, Conor Humphries
Organizations:
Russian Central Bank Governor, Central Bank, Ministry of Finance, Thomson
Locations:
Russia, Ukraine