Media: Putin's Banker Nabiullina Has Fallen Out Of Favor

• 11.06.2026, 8:02

She was no longer invited to meetings at the Kremlin.

Russian dictator Vladimir Putin held a meeting yesterday, June 10, focused on stimulating investment in Russia, but the head of the Central Bank of the Russian Federation Elvira Nabiullina was not present. This is reported by Russian media, according to Dialog.UA.

All deputies to the head of the Central Bank of the Russian Federation were also absent from the economic meeting with Putin. It is unknown why Nabiullina was not present at this event.

It is also unknown why her deputies were not invited to the meeting with the Russian dictator. Although Nabiullina is not considered a close ally of Putin, she exerts a very significant influence on Russia’s economy.

Recently, she has “disappeared from public life.” First, she unexpectedly failed to attend the St. Petersburg International Economic Forum. Russian propaganda attributed this to “objective reasons.”

Then Nabiullina missed the conference of the National Association of Stock Market Participants, which took place on June 9. No official reason was given for this decision. Now, the head of the Central Bank of the Russian Federation has not been invited to a meeting with Putin on stimulating investment in Russia.

However, Prime Minister Mikhail Mishustin, Minister of Economic Development Maksim Reshetnikov, and Minister of Finance Anton Siluanov were present at this event. This underscores the importance of the meeting.


Some independent economists believe that Nabiullina faces “major problems” due to the crisis in the Russian economy. During the meeting, Putin stated that inflation in Russia is allegedly falling. In this regard, he predicted a reduction in the key interest rate.