Lower crude oil prices and restricted access to foreign capital markets means dwindling funds for Russia, the country’s central bank chief said. Elvira Nabiullina, the head of the Russian Central Bank, said Friday the general bank portfolio quality in Russia was diminishing under the strains on the economy. Lending is moving in some sectors, though the share of overdue loans on the books is increasing across the board. The bank in September said it was keeping its key interest rate at 11 percent because of the risks of high inflation and “persistent” cooling in the Russian economy. Lower crude oil prices hurt exporting economies like Russia’s and, last week, Nabiullina said there may be a prolonged downturn […]