Vymyatnina, Yulia; Ignatenko, Anna - Department of Economics, European University at St. … - 2011
One of the most important aims of monetary policy of the Bank of Russia is to reduce CPI inflation under simultaneous … stabilization of ruble exchange rate to the major world currencies. While such task setting is obviously contradictory and requires … usage of additional instrument, it is unclear whether Central bank can influence inflation processes at all. The work …
