This work deals with the analysis of classification of the existing theoretical and empirical models describing the factors of establishing reserve currencies, and their role in today’s global payment system. The important part of the study is devoted to the concept of a regional reserve...

This works deals with the analysis and classification of the existing theoretical and empirical models describing the factors of establishing reserve currencies, and their role in today's global payment system. The important part of the study is devoted to the concept of a regional reserve...

This paper deals with Russia's monetary policy in 2013

In The article provides estimates of short-run and medium-run exchange rate pass-through into domestic prices in Russia during the period of 2000–2012 using vector error correction model. Exchange rate pass-through asymmetry estimates, its assessments on different sub-periods and exchange rate...

Policy goals of the Central bank of Russia

The present research deals with the effect capital flows have on Russia’s macroeconomic indicators. Numerous nations have recently completed the so-called liberalization of the capital and financial account, i.e. have lifted restrictions on capital flows. That is why looking into the impact...

In Russia, the pre-conditions for a successful transition to inflation targeting are beginning to emerge. The economy remains highly dependent upon the external economic conjuncture, but the financial crisis made for a steep increase in the demand of commercial banks for refinancing by the CBR....

The paper suggests original aggregate financial stability indices in RF, using which one can get a quantitative assessment of the probability of the rise of financial instability.

This article deals with the Russia's 2011 monetary policy. The authors focus on the monetary market issues, inflationary development. They also point out to the main measures in the sphere of the monetary policy and the balance of paiments, and the RUR exchange rate.

The author provides a detailed analysis of Russia's monetary policy in 2008. He speaks about the inflation, balance of payments and foreign currency market. The paper provides measures taken by the government in the sphere of monetary policy.