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the credit institution’s
The averaging of required reserves is the procedure whereby founding documents to the reserve fund, dividend payments to
the averaged balance
the credit institution’s
The averaging of required reserves is the procedure whereby founding documents to the reserve fund, dividend payments to
the averaged balance
reserves currency purchases. The above increase in
international reserves was only partially offset
As a result of transactions recognised in the
balance of payments, reserve
reserves
The Bank of Russia continued improving Required reserve ratios and required reserve averaging ratios did not change in 2020
approaches to creating required reserves
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j + rj = dj , rj dj .
rj is reserve balances and Rr is its real gross rate
is the reserve requirement.
Symmetric Cournot equilibrium aggregate deposit
CBDC and reserves seem to be a very similar form of central bank
money, what happens if banks can hold CBDC as reserves?
Does the
debt, $bn Reserves, $bn Developed countries Emerging countries Russia
800 140%
External debt/GDP 2020 = 32% 123%
700 Reserves/GDP 2020 = 40% 120%
Reserves cover
by selling in the external
market the diamonds earlier purchased from government reserves at an auction.
24 Regional Economy: Commentaries by Bank of Russia Main
of banks’ required reserves with the Bank of Russia -0.1 -0.1 0.0 -0.1
2. Change in free bank reserves (correspondent accounts