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Bank of Russia publishes its quarterly Monetary Policy Report

7 November 2023
News

The document details the assessment of the current situation in the Russian economy and factors underlying the update of the medium-term forecast and the decision to raise the key rate made by the Bank of Russia Board of Directors at its meeting on 27 October 2023.

Traditionally, the report contains additional analytical materials. These present a detailed analysis of the impact of the foreign trade situation on the ruble exchange rate in 2022–2023 (Box 1), changes in the financial performance of large and medium-sized companies (Box 2), as well as a description of an updated methodology to assess the structural liquidity deficit/surplus in the banking system (Box 4).