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1581
05.08.2020
2020 has been released.
The Credit Institutions section presents a review of key indicators of the domestic foreign cash market in May 2020.
Listed are
output indicator, % 3MMA*
Key Industry Index** deal. Budget-funded measures supporting
* Hereinafter, 3-month moving average growth, % YoY.
households and corporates pushed domestic
** Key Industry Index. June
of June it has shown clear signs of growth.
Consumption remains the key recovery engine: the opening of non-food retail and a
significant part of
potential and stabilise “…In its key rate
inflation around the 4% target.
decision-making, the
Bank of Russia will take
Key rate, % per annum Inflation, % YoY
stay close to 4%
later on. “…In its key rate
decision-making, the
Bank of Russia will take
Key rate, % per annum Inflation, % YoY
into account
made decisions on the key 16 24
rate reduction.
The Bank of Russia’s 14
20
decisions to cut the key rate,
along with a
1587
29.07.2020
the Bank of Russia Board of Director’s decisions on reducing the key rate by 25 bp to 4.25% p.a. and on including
1588
29.07.2020
priority goal of the Bank of Russia, and its achievement is a key task to be tackled by the National Payment System Department.
To this
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28.07.2020
also taken into consideration.
In the sphere of the regulatory framework, the key objective of the Department is the transition to the comprehensive organisation of
1590
27.07.2020
in order to develop a financial culture and protect their rights.
The key task of the Bank of Russia’s communication policy is to inform