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against the US dollar; other developed market currencies (except for the Japanese yen) also depreciated against the US dollar. Risky asset markets crashed 22 According

were US dollars (1527 sheets). Other detected counterfeits included the euro, the Chinese renminbi, two Japanese yens and one British pound. Preview photo: NEstudio / shutterstock

Ukrainian Kazakh US dollar Euro Swiss franc China yuan Total rouble sterling yen dollar dollar ruble hryvnia tenge Others BANK OF RUSSIA (USD) (EUR) (CHF

economy. Specifically, this type of currencies includes the US dollar, the Japanese yen, and the Swiss franc. Covered bonds Bonds secured by payments on mortgage

1.07.2016 Chinese yuan Malaysian ringgit Russian ruble Turkish lira Euro Yen Pound sterling Swiss franc Thai baht South African rand Source: Bloomberg. Source:

merger with EN—Asset Management Limited Liability Company, or EN—Assets LLC (PSRN 1135032008682) and with EN—Investment Management Limited Liability Company, or EN—Invest

Ukrainian Kazakh US dollar Euro Swiss franc China yuan Total rouble sterling yen dollar dollar ruble hryvnia tenge Others BANK OF RUSSIA (USD) (EUR) (CHF

5-7-year low. Overall, giv- ease negative impact of external factors on the en considerable fluctuations in energy prices Russian economy. Moderately tight monetary during the

Ukrainian Kazakh US dollar Euro Swiss franc China yuan Total rouble sterling yen dollar dollar ruble hryvnia tenge Others BANK OF RUSSIA (USD) (EUR) (CHF

и рынки. №1 / Октябрь 2015 be approximately the same at 80 trillion yens a year – which runs counter to the yield targeting concept. The regulator