Russian Abstract: После подробного анализа эмпирических и теоретических работ, направленных на изучение взаимовлияния финансового и экономического развития, а также...

On 30 April 2015, the Bank of Russia reduced the key interest rate from 14% to 12.5% per annum, noting in this connection that the inflation risks had become less pronounced, but that the risks of a more significant cooling of the economy were still there. By all indications, the RF Central Bank...

Russian Abstract: Целью настоящей работы является проведение комплексного анализа влияния факторов на динамику реального обменного курса рубля. Во-первых, изучены...

Russian Abstract: Целью настоящей работы является анализ воздействия нестандартных мер денежно-кредитной политики на функционирование денежного рынка и экономики в...

Russian Abstract: Целью настоящей работы является проведение комплексного анализа влияния факторов на динамику реального обменного курса рубля. Во-первых, изучены...

Russian Abstract: Настоящая работа посвящена долгосрочному (до 2100 г.) прогнозированию демографических (численность населения, в том числе, рабочей силы) и...

The key factor in the strengthening of the real exchange rate of the ruble in the 2000s was the transformation based growth of Russia's economy (the Balassa-Samuelson effect) coupled with the improving foreign trade conditions. As can be concluded on the basis of data for Q4 2014, for the...

In September, the Central Bank of Russia made a decision to cut the key rate by 0.5 p.p. to 10%. The intention of the Central Bank of Russia to stick to a moderately tough monetary policy is justified by the need to consolidate the trend towards sustained reduction of the rate of inflation

The BOP (Balance of Payments) data show that a current account surplus contracted considerably in H1 2016 over the same period previous year. This is because there were serious cutbacks in exports while the decline in imports slowed down. Despite growth in non-bank sector's foreign asset...

In June, the Russian Central Bank, for the first time since summer 2015, decided to reduce the key interest rate by 0.5 percentage points, to 10.5%. The decline in inflation expectations, further slowdown in inflation and stabilization of the external environment, together with the...