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On 30 April 2015, the Bank of Russia reduced the key interest rate from 14% to 12.5% per annum, noting in this …
Persistent link: https://www.econbiz.de/10013020799
In Russia, the pre-conditions for a successful transition to inflation targeting are beginning to emerge. The economy … demand of commercial banks for refinancing by the CBR. This has given the Bank of Russia the power to exercise real influence …
Persistent link: https://www.econbiz.de/10013103668
At its Board of Directors meeting in June, the Bank of Russia raised the key rate for the third time since the …
Persistent link: https://www.econbiz.de/10013217890
Following a meeting on July 22, the Bank of Russia cut the key rate by 150 b.p. at a time to 8% per annum, while most … inflation expectations of households and businesses, as well as weak consumer demand. The Bank of Russia has strengthened the …
Persistent link: https://www.econbiz.de/10014355500
The Bank of Russia has left the key rate unchanged at 7.5% per annum at the meeting on February 10, which coincided …
Persistent link: https://www.econbiz.de/10014355660
The Bank of Russia's decision to reduce the key rate by 0.50 pp to 6.5% was caused by an inflation slowdown to 3.8% in … Bank of Russia has revised its inflation projections for 2019 from 4.0–4.5% to 3.2–3.7%. It is expected that the annual … pronounced than the Bank of Russia is currently expecting it to be. These developments may once more prompt monetary policy …
Persistent link: https://www.econbiz.de/10012858129
The draft Guidelines for the Single State Monetary Policy (hereinafter – the Draft) prepared by the Bank of Russia does … Bank of Russia does not give up the goal of reducing consumer inflation to 4% by the end of 2017, so the regulator plans to …
Persistent link: https://www.econbiz.de/10012977075
The Bank of Russia medium-run monetary policy course is to remain unchanged: the regulator will continue its efforts to …
Persistent link: https://www.econbiz.de/10013002494
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