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The main objective of this study is to highlight the importance of political instability, defined as frequent changes in and of government, in undermining the Russian exchange rate based stabilization program of the 1990s. The empirical evidence supports the significance of political instability...
Persistent link: https://www.econbiz.de/10003377164
Dieser Beitrag fasst einige Grundlagen zum Management betrieblicher Währungsrisiken kurz zusammen. Darauf werden die Bewegungen der deutsch-russischen (bzw. europäisch-russischen) Währungsparitäten aufgezeigt. Es ergeben sich signifikante Auswirkungen auf die Wettbewerbsfähigkeit deutscher...
Persistent link: https://www.econbiz.de/10010354821
This note isolates an overlooked economic force for the Ruble to appreciate in response to international sanctions … limiting exports to Russia. The economic intuition is that when Russians are unable to buy the mix of foreign goods they wish …
Persistent link: https://www.econbiz.de/10013191024
that affect the equilibrium exchange rate. The dynamic behavior of the ruble exchange rate following Russia's military …
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This paper summarizes the IMF advice on the ruble area as it was presented to the national authorities in Russia, the … on the ruble area (and national currencies) changed over time, and hence so did the IMF''s advice, and (ii) from the … advocating a particular one, emphasizing that it was the authorities'' decision to stay in or leave the ruble area. Fund advice …
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