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The first assessments of the effects of the coronavirus epidemic suggest that the extent of global recession may exceed economic losses brought about by the global 2008–2009 crisis. However, it is not yet clear for how long a sharp slowdown of the global economic activity is going to last and...
Persistent link: https://www.econbiz.de/10014351150
Russia by a number of developed countries, including the freeze of the Bank of Russia’s international reserve assets, Russian … technologies to Russia, and some other measures. The shock gave rise to pronounced instability in Russia’s financial market and …
Persistent link: https://www.econbiz.de/10014353620
Russia's central bank adopted a new monetary policy regime in 2018 by raising the key interest rate for the first time … in 2018 that came from new April and August anti-Russia sanctions that spurred capital outflows from the country and … possible heightening of inflation expectations. The key interest rate hike suggested that the Bank of Russia is committed to …
Persistent link: https://www.econbiz.de/10012863506
Russia's positive balance of trade increased in 2017, ensuring a steady BoP position. The private sector saw capital …
Persistent link: https://www.econbiz.de/10012927075
Inflation in Russia dropped to 2.5% year-on-year in November 2017, hitting lows not seen in Russia's recent history, in … growth will leap over 2.5–2.7%. The economic contraction has prompted the Bank of Russia to double down on easing the …
Persistent link: https://www.econbiz.de/10012930174
course of that year, the Bank of Russia reduced its key rate five times: four times by 0.25 percentage points on June 14 ….3% in March 2019 compared to March 2018). It was only in June 2019 that the Bank of Russia switched over to actually …
Persistent link: https://www.econbiz.de/10012823778
stabilize further the market, the Central Bank of Russia supplemented the list of instruments of ruble liquidity provision to …
Persistent link: https://www.econbiz.de/10012828707
debt without the risk to Russia's debt sustainability. In 2021, the high budget deficit will remain (no less than 5,0% of …
Persistent link: https://www.econbiz.de/10012828710
The first quarter of 2020 saw the positive Russia's balance of trade to plunge on the back of contraction of exports …
Persistent link: https://www.econbiz.de/10012830905
In 2018, Russia posted the highest on record positive current account balance since 1992, 2.5 times the amount recorded …
Persistent link: https://www.econbiz.de/10012892002