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In June 2013, the consumer price index stood at 0.4% (against 0.9% in June 2012), being 0.3 p.p. less than in May 2013. The consumer price index reached 0.8%. within the first 20 days in July 2013. Therefore, infl a?? on exceeded 6.9% on a year-on-year basis. According to Bank of Russia’s...
Persistent link: https://www.econbiz.de/10010693857
In July 2013, the Consumer Price Index (CPI) amounted to 0.8% (against 1.2% in July 2012), which is by 0.4 p.p. higher than its value recorded in June 2013. Over the period from 1 August through 26 August, the CPI rose by 0.1%. Thus, the inflation rate in per annum terms increased above 5.6%. In...
Persistent link: https://www.econbiz.de/10010699553
theories of money, we also identified the mechanisms of influence of commercial banks' demand for central bank liquidity on the … assets, monetary base, interest rates, level of economic activity. Thirdly, the influence of liquidity demand shock on …
Persistent link: https://www.econbiz.de/10011144177
stabilize from the second decade of May and the uncertainties were clearing up, the liquidity surplus began to grow again. To … stabilize further the market, the Central Bank of Russia supplemented the list of instruments of ruble liquidity provision to … credit institutions with one-month and one-year REPO auctions, however, amid the recovery of the level of liquidity they are …
Persistent link: https://www.econbiz.de/10012828707