Showing 1 - 10 of 14,004
This paper discusses migration and remittances trends, and calculates the natural (or benchmark) level of dollarization in Caucasus, Central Asia and others in the region. This natural level of dollarization is conceptually linked to the currency allocation in a portfolio of deposits to maximize...
Persistent link: https://www.econbiz.de/10012302051
The analysis of external economic relations of Russia reveals a paradox: while Europe is the main trade and direct … investment partner of Russia, this is far from being the case concerning its currency's role in Russia's financial activities …
Persistent link: https://www.econbiz.de/10012729550
The key factor in the strengthening of the real exchange rate of the ruble in the 2000s was the transformation based … growth of Russia's economy (the Balassa-Samuelson effect) coupled with the improving foreign trade conditions. As can be … concluded on the basis of data for Q4 2014, for the ruble's real exchange rate to return to its fundamentally substantiated …
Persistent link: https://www.econbiz.de/10013027546
Dieser Beitrag fasst einige Grundlagen zum Management betrieblicher Währungsrisiken kurz zusammen. Darauf werden die Bewegungen der deutsch-russischen (bzw. europäisch-russischen) Währungsparitäten aufgezeigt. Es ergeben sich signifikante Auswirkungen auf die Wettbewerbsfähigkeit deutscher...
Persistent link: https://www.econbiz.de/10010427203
The management of the exchange rate by the Russian authorities obviously lacks both effectiveness and efficiency. "Black Tuesday" has vividly shown how vulnerable the rouble is to speculative attacks. In this article, a "classical" proposal is evoked and is discussed as an alternative to the...
Persistent link: https://www.econbiz.de/10011548392
Dieser Beitrag fasst einige Grundlagen zum Management betrieblicher Währungsrisiken kurz zusammen. Darauf werden die Bewegungen der deutsch-russischen (bzw. europäisch-russischen) Währungsparitäten aufgezeigt. Es ergeben sich signifikante Auswirkungen auf die Wettbewerbsfähigkeit deutscher...
Persistent link: https://www.econbiz.de/10010354821
The Russian government implemented a wheat export tax in February 2015 to reduce food inflationary pressures resulting from the rouble’s dramatic devaluation. This article discusses the causes of the rouble’s instability and volatility, and the effects of the export controls on domestic...
Persistent link: https://www.econbiz.de/10011311669
estimate the potential of the Russian ruble as a regional reserve currency …
Persistent link: https://www.econbiz.de/10013087485
Persistent link: https://www.econbiz.de/10013074357
This note isolates an overlooked economic force for the Ruble to appreciate in response to international sanctions … limiting exports to Russia. The economic intuition is that when Russians are unable to buy the mix of foreign goods they wish …
Persistent link: https://www.econbiz.de/10013191024