Russia's economy is facing a different range of issues than those facing the U.S., Japan and the euro zone and so the central bank has to take a different approach, Russia's central bank governor told CNBC, questioning whether other central banks still had the means to influence their economies.
"Whether (other) central banks still have in their possession the types of tools to influence this situation (is the subject of a very broad discussion)," Russia Central Bank Governor Elvira Nabiullina told CNBC in Moscow.
"Whether they are already finding themselves on the brink of negative interest rates and some are already in negative interest rate territory. These are most certainly not trivial problems. But as far as the Russian economy is concerned, we find ourselves in a totally different situation," she said.