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20.03.2026
The Bank of Russia Board of Directors unscheduled meeting on monetary policy issues
(Press release)
Monetary Policy Report
Department responsible for publication: Monetary Policy Department
TRANSMISSION
The monetary policy transmission mechanism (or monetary policy transmission) is a sequence of
links in the economy through which monetary policy affects demand and,
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rules for calculating repair costs under compulsory motor third-party liability insurance (CMTPLI) policies taking into account the situation in the market. The calculation of the
Sheet.
Instruments of the Bank of Russia Monetary Policy
2. THE BANK OF RUSSIA BALANCE SHEET.
MONETARY POLICY INSTRUMENTS
Table 2.1
The Bank of
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2018 July 2018
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Monetary Policy
6
28.07.2020
Bank Lending Conditions
Monetary Policy
7
11.11.2019
Consumer price indices
Monetary Policy
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bond (OFZ) yields went up in 2025 amid gradual disinflation and monetary policy easing. As for corporate bonds, the demand for variable coupon securities decreased,
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monetary policy and development of the financial market of the Russian Federation, the Board of Directors jointly with the Russian Government elaborates the monetary policy
which are selected by the following filtration
procedure.
Reference values of countries’ policy rates used in calculation are updated on
monthly basis before the calculation
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of close to 4%, the Bank of Russia should maintain tight monetary policy for an extended period.
More details are presented in Talking Trends, a
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of the Monetary Policy Department, the Research and Forecasting Department, and other Bank of Russia Departments and Main Branches.
The Monetary Policy Department together with