Search results

extended within the above programmes (with the overall limit totalling 500 billion rubles). Concurrently, the Bank of Russia will continue to implement the following approach:

Rate and Industry Competitiveness in Russia 5 Following significant depreciation of the Ruble in 2014 Russian manufacturing firms re- ceived a cost advantage. Against this

30 million rubles must accept Mir cards, the national payment instrument. Starting from 1 July, this threshold will be reduced to 20 million rubles. The

final net amount of foreign currency estimated at 185.4 billion rubles (in ruble equivalent) will be evenly sold in the domestic FX market over

definition 9.7 9-12 7-11 7-11 Claims on organisations and households in rubles and foreign currency1 10.1 6-9 7-11 7-11 – on organisations 7.1

of funds but no more than a total of 1.4 million rubles per depositor (including interest accrued). Deposits are to be repaid by the

of funds but no more than a total of 1.4 million rubles per depositor (including interest accrued). Deposits are to be repaid by the

we conducted in March—April. The net balance is 185 billion rubles in the ruble equivalent. This amount of foreign currency will be evenly sold

is caused by the economic effects of restrictions. The strengthening of the ruble since April largely offset its depreciation in March containing the upward pressure