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16 Dec.18 Jun.19 Dec.19 Jun.20 Dec.20
14 Shorter-than one-year loans
Dec.18 Jun.19 Dec.19 Jun.20 Dec.20
14
Central Bank Survey
(millions of rubles, end of period)
Dec, 2018 Dec, 2019 Dec, 2020
NET FOREIGN ASSETS 31,830,185 33,617,727
Key rate Floating exchange
announced targeting management set introduced rate introduced Dec 2018 Dec 2019 May 2021
communications Instruments are Inflation 4.3% Inflation 3.
14
Central Bank Survey
(millions of rubles, end of period)
Dec, 2018 Dec, 2019 Dec, 2020
NET FOREIGN ASSETS 31,830,185 33,617,727
to households, Expectations of enterprises in the next three months,
% growth on Dec. 2015, SA balance of responses (%)*
10 20
5 15
0 10
-5
Key rate Floating exchange
announced targeting management set introduced rate introduced Dec 2018 Dec 2019 Mar 2021
communications Instruments are Inflation 4.3% Inflation 3.
5
0.0 4
-0.2 3
-0.4 2
Nov
Oct
Dec
Mar
May
Apr
Jun
Jul
Jan
Aug
Sep
Feb
1
0
Price
year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Path 1 Path 2
Note: The chart demonstrates two hypothetical forecast paths
14
Central Bank Survey
(millions of rubles, end of period)
Dec, 2018 Dec, 2019 Dec, 2020
NET FOREIGN ASSETS 31,830,185 33,617,727
services to households, Businesses’ expectations* for the next three months,
% growth on Dec. 2015, SA balance of responses (%)
10 20
5 15
0 10
-5