Russian CEO blames interest rate volatility on Central Bank governor being a woman

Source: duckanroll

2 Comments

  1. hodgkinthepirate on

    > The CEO of Russia’s VTB bank has linked the volatility of the country’s Central Bank key interest rate to the fact that its governor is a woman, Russian state-run news agency RIA Novosti reported on Wednesday

    Am I to understand that a CEO of a bank doesn’t understand basic economics?

  2. She’s the only competent economist in Russia. The tricks and mechanisms she’s had to employ to keep the economy somewhat alive is very impressive

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