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In 2020, the world economy was faced with a large-scale crisis caused by the coronavirus pandemic, a worsening situation in the global oil market, increasing global uncertainty, and capital outflows from emerging markets. The crisis phenomena were experienced, to a varying degree, by every...
Persistent link: https://www.econbiz.de/10013212761
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
This paper deals with Russia's monetary policy in 2013
Persistent link: https://www.econbiz.de/10010813821
Russia's current account balance went negative in Q2 2017 due to a growth in imports of goods driven by a strengthening Russian rouble, seasonal growth in imports of services and investment income payments amid stagnating exports of goods after the rising oil price trend grinded to a halt....
Persistent link: https://www.econbiz.de/10012949166
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
The beginning of this year was characterized by a slow increase in consumer prices, stability in the forex market, and continuing monetary policy easing. However, the situation has changed dramatically as a result of the impact on the economy of two major interconnected shocks: a slowdown in the...
Persistent link: https://www.econbiz.de/10014099014
The Bank of Russia has left the key rate unchanged at 7.5% per annum at the meeting on February 10, which coincided with the consensus forecast of analysts and expectations of the financial market. However, the Central Bank tightened the signal on further dynamics of the key rate as compared to...
Persistent link: https://www.econbiz.de/10014355660
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
The author provides a detailed analysis of Russia's monetary policy in 2008. He speaks about the inflation, balance of payments and foreign currency market. The paper provides measures taken by the government in the sphere of monetary policy.
Persistent link: https://www.econbiz.de/10010595505