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This paper deals with Russia's monetary policy in 2012. The authors analyze Russia's money market, inflationary development, main measures in the monetary policy, the balance of payments and the RUR exchange rate.
Persistent link: https://www.econbiz.de/10010693872
This paper deals with Russia's monetary policy in 2013
Persistent link: https://www.econbiz.de/10010813821
In 2022, the Russian economy experienced a profound negative shock associated with the imposition of sanctions against Russia by a number of developed countries, including the freeze of the Bank of Russia’s international reserve assets, Russian banks being cut out of international payment...
Persistent link: https://www.econbiz.de/10014353620
In 2019, a sharp and largely unexpected slowdown in inflation led to a significant easing of monetary policy. Over the course of that year, the Bank of Russia reduced its key rate five times: four times by 0.25 percentage points on June 14, July 26, September 6, and December 13; and by 0.5...
Persistent link: https://www.econbiz.de/10012823778
The Bank of Russia decided in June to keep the key interest rate unchanged because of worsening geopolitical uncertainty, capital outflows from developing countries as a consequence of tighter US Fed's monetary policy, plans to raise the VAT rate, as well as prices adjustment to a weaker rouble....
Persistent link: https://www.econbiz.de/10012913678
The Bank of Russia eased at slow enough pace its monetary policy in 2017 despite substantial deceleration in inflation, holding that ongoing inflation risks were high, including a possible decline in crude oil prices and capital outflow, upturn in consumer demand, fiscal policy uncertainty, as...
Persistent link: https://www.econbiz.de/10012915034
In the last few months, the global economy has been faced with growing risks primarily emanating from the state of the world's two largest economies and their policies. One of the main factors behind the current turbulence in global financial markets is the destabilizing expectation that the US...
Persistent link: https://www.econbiz.de/10013010512
This paper deals with Russia's monetary policy in 2014. The key developments in Russia's monetary policy in 2014 were determined by adverse processes in the Russian economy, which related to the tense geopolitical situation, massive capital outflow and the decline in the price of energy resources
Persistent link: https://www.econbiz.de/10013012786
In 2016, the Bank of Russia implemented a conservative monetary policy aimed at mitigating inflation. Commercial banks decreased their demand for central bank refinancing as the Reserve Fund was spent, in which case the central bank had to employ a set of instruments to prevent an increase in...
Persistent link: https://www.econbiz.de/10012952702
This paper deals with Russia's monetary policy in 2012. The authors analyze Russia's money market, inflationary development, main measures in the monetary policy, the balance of payments and the RUR exchange rate
Persistent link: https://www.econbiz.de/10013079487