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of the ruble; ‘-’ – appreciation of the ruble.
Sources: Moscow Exchange, Bank of Russia calculations.
The real effective exchange rate (REER) of the ruble calculated against
by the slowdown in cost growth, including amid the stabilisation of the ruble exchange rate
and respondents’ more moderate demand expectations than in December.
Changes
5565
14.02.2025
going to set a 20% macroprudential add-on for the increase in banks’ ruble or foreign currency claims on large highly leveraged companies.
This add-on level