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the Kaliningrad Region report up to 90% of hotel rooms and apartments
reserved for the New Year holidays.
PRICES. In November, annual inflation in the
Reserve Bank of St. Louis, OECD based Recession Indicators for Russian Fed-
eration from the Peak through the Trough [RUSRECM], retrieved from FRED, Federal Reserve
year
(Q3 2021) (Q4. 2021)
7. International Reserves: Official reserve assets (weekly) weekly, on Thursday
International Reserves: Official reserve assets (monthly), 07.12.2021 14.
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
the BRICS currencies.
Reserves and International Investment Position
In times of extreme uncertainty, as induced by the pandemic, a country’s
reserves position is an
portfolio
investments experienced outflows.
Reserve assets. Reserve accumulation trends have diverged, with Brazil using a small portion of
its FX reserves to address excess volatility
1247
13.12.2021
The first publications were released by the Bank of Russia and the Reserve Bank of India on the BRICS economies in 2020 and 2021. The
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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
1250
30.11.2021
of NPF pension savings was 5.5% p.a., and of pension reserves — 3.2% p.a. NPFs were building up their investments in corporate