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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
In 2018 Russia continues to reduce, since the 2014–2015 crisis, its external debt. An additional factor contributing to … sanctions against Russia. Therefore the today's level of external debt poses no threat to financial stability of the country …
Persistent link: https://www.econbiz.de/10012911053
In recent years the discussion of the role played by reserve currencies in the world economy has reached a new level. Problems caused by the domination of a single reserve currency have not yet been resolved and it remains unclear when and how they will be solved in the future. At the same time,...
Persistent link: https://www.econbiz.de/10013087485
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
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
The Bank of Russia decided in June to keep the key interest rate unchanged because of worsening geopolitical … VAT rate, as well as prices adjustment to a weaker rouble. In the today's context, Russia's central bank may postpone its …
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 …
Persistent link: https://www.econbiz.de/10012915034
The Bank of Russia's Board of Directors decided in April to keep the key interest rate unchanged on the heels of new … sanctions on Russia that affected seriously the Russian rouble. The exchange rate pass-through to prices can guide, sooner than …
Persistent link: https://www.econbiz.de/10012918403
This paper deals with Russia's monetary policy in 2014. The key developments in Russia's monetary policy in 2014 were …
Persistent link: https://www.econbiz.de/10013012786
The monetary policy priority for the coming years is to maintain the inflation rate at 4%, according to the Draft Guidelines for the Single State Monetary Policy in 2018 and for 2019 and 2020. Monetary authorities will continue to pursue a moderately tight monetary policy, but the objective of...
Persistent link: https://www.econbiz.de/10012942167