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and precious metals is converted to rubles using the period average USDRUB exchange rate.
Source: Bank of Russia.
Russia’s balance of payments indicators in
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24.04.2020
hike in the USD exchange rate, does the regulator think of a further key rate cut now despite the similar exchange rate path of the
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24.04.2020
Some periods of heightened volatility in global markets may well feed into exchange rate and inflation expectations.
When making its key rate decision, the Bank
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17.04.2020
how this may affect financial indicators and the exchange rate, I can say that our exchange rate is still impacted not only by the state
opinion of financial market participants about
3.0 future inflation amid elevated exchange rate
2.5
volatility.
2.0
2018 2019 2020 Analysts’ inflation forecast
Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 87
3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 89
3.2.3. Official Exchange Rate:
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sector went down to almost zero in 2020 Q1.
However, the floating exchange rate facilitated the balance of payments’ adaptation to the oil price downturn
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10.04.2020
the ruble exchange rate will exhaust and inflation will return to normal?
ELVIRA NABIULLINA:
As to the transmission of the ruble exchange rate (to inflation