About this he wrote a comment on his website.

“The Bank of Russia either does not realize the depth of the growing problems, or is trying to hide them. This, for example, is noticeable in a phrase such as “accordingly, we can see a slowdown in demand growth”, which is pronounced at a time when many businesses in the country have actually “stood up,” Deripaska writes.

The entrepreneur accused the Central Bank of refusing to take action until the crisis, in his words, has fully manifested itself.

He also criticized the Central Bank’s refusal to lower its key rate.

On Friday, March 20, the Bank of Russia kept the key rate at 6% per annum.

On March 11, the World Health Organization announced a pandemic for the coronavirus infection COVID-19.