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whole financial system to its knees. A lack of liquidity dries up key financial markets and prevents institutions from re- structuring their portfolios, adapting their

Central bank key rate A rate set by a central bank to impact interest rates in the economy. Usually, a change to the key rate

consumer sentiment 4 No. 9 (57) September 2021 According to respondents, the key factors CHANGES IN COMPANIES’ PRICES (MARKIT PMI) Chart 6 were slower growth

the International Organization of Securities Commissions (IOSCO) to raise financial literacy. The key topics of the event this year include fraud detection, sustainable finance, digital

loans, seeking to borrow funds at the lowest interest rates before the key rate increase. Speaking of mortgage lending, the Government changed the terms of

financial inclusion through the development of online service channels is among the key objectives of the Bank of Russia’s activity. These efforts should be

Russia has been released. The transparency of central bank communication is a key factor in effective inflation targeting: understanding strengthens credibility, which helps manage inflation

scale, inverted) Spread between RUONIA and key rate Spread between RUONIA and key rate* Spread between RUONIA and key rate* Interest rate spread in the

agenda included the digital currency topic, specifically a digital ruble — one of key projects in the digitalisation of the Russian financial market. The meeting took

the economic recovery was becoming sustainable that we started to raise the key rate. Certainly, I will explain why we are doing this as I