Nabiullina said this during the event of the Association of Banks of Russia.

“The coming quarters will not be easy: as long as the economy adapts, it will be difficult for both companies and citizens,” TASS quoted her as saying.

At the same time, she stated that "the process of structural transformation will not be endless."

According to her, "business will find new opportunities, which will also support people's incomes."

Nabiullina also believes that the Central Bank needs to determine new parameters for the functioning of the Russian financial system.