Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Melikyan Reported Resigned

Central Bank First Deputy Chairman Gennady Melikyan has resigned, Vedomosti reported.

One of the paper's sources said Melikyan was on holiday until Aug. 25. "He'll come back, but not for long," a source said.

The paper says Melikyan has confirmed that he has tendered his resignation, as he had "long wanted to." Melikyan refrained from discussing the reasons for standing down, saying only that this had nothing to do with Bank of Moscow. "My time has come," Vedomosti quoted him as saying. Melikyan has recommended several people to succeed him, including some existing Central Bank employees, a bank employee said, without naming names.


… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more