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14
Central Bank Survey
(millions of rubles, end of period)
Dec, 2015 Dec, 2016 Dec, 2017
NET FOREIGN ASSETS 26,210,965 22,343,040
800
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 2017 2018
Source: Bank of Russia calculations.
Chart 5
The development
14
Central Bank Survey
(millions of rubles, end of period)
Dec, 2015 Dec, 2016 Dec, 2017
NET FOREIGN ASSETS 26,210,965 22,343,040
Horizon I II III Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Inflation expectations (absolute numbers), %
Households
Next
2018
Figure 2
Russian banking sector risk map
Decline of household deposits
Dec line of ho usehold d epo sits
Credit risk Cre dit ris
0
4
-0.2
2
-0.4
0
-0.6
-2
Nov
Dec
Oct
Mar
Apr
Jan
May
Jun
Jul
Aug
Sep
Feb
Jan-16 Jul-16
Horizon I II III Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Inflation expectations (absolute numbers), %
Households
FOM
14
Central Bank Survey
(millions of rubles, end of period)
Dec, 2015 Dec, 2016 Dec, 2017
NET FOREIGN ASSETS 26,210,965 22,343,040
rate introduced Floating exchange
announced targeting management set rate introduced
communications
Since Dec. 2017
Inflation targeting is Instruments are “Floating rate and
Inflation below 4