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indicator is the ratio of payment to income, PTI). The Bank of Rus- sia has developed the concept of calculating this indicator; a new regulation

GDP_IMF y_hat_RUS 1995 2000 2005 2010 2015 y_hat_RUS_p10 y_hat_RUS_p50 date y_hat_RUS_p90 LNS_to

9%, which evidences their The Bank of Russia payment system (Bank of Rus- active involvement in cashless money circulation. sia PS), which is a key

The second-ranking currency in terms of its use in settlements was the Rus- sian ruble whose share of in- and outbound payments’ flows constituted 36.

quarter, economic activity dynamics suggest a more robust recovery pattern for the Rus- sian economy, which gradually spreads more evenly across the regions. Apart from

to perform mediation activity as insurance broker from LLC INSURANCE BROKERS KOMINSUR RUS; No. OD-2423, dated 24 August 2017, on the revocation of the insurance

Mexico, Columbia, Chili, Poland, Czech Republic, Hungary, Slovenia, Macedonia, Estonia, Lithuania, Bela- rus, Moldova, Azerbaijan, Georgia, Kazakhstan, India, and South Korea. Statistical data from central

RMSEs of Pseudo Real Time 2-quarter, 1-quarter-ahead forecasts, nowcasts and backcast of Rus- sian GDP growth in 2012Q1-2014Q3 (DFM estimates). We perform ten exercises in

18. Oomes, N. (2003). ‘Network Externalities and Dollarization Hysteresis: The Case of Rus- sia.’ International Monetary Fund Working Paper No. 03/96. 19. Peiers, B.

to the government (CG) and changes in liabilities of the Bank of Rus- 6 This approach, which is in line with money counterparts analysis, has