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Monetary gold 80,482 0 –4,548 2,233 78,167 Gold bullion 80,482 0 –4,548 2,233 78,167 Unallocated gold accounts

the domestic FX market and 0.1 0.5 0.5 monetary gold purchases** - regulation of banks’ required reserves with the Bank of Rus- 0.

6] - Bank of Russia interventions in the domestic FX market and monetary gold purchases** 0.1 0.6 0.6 0.0 - regulation of bank

of the population older than the working age to the working age population. 25 The ratio of the sum of the population older than the

an increase in interest rates, banks tend to keep the terms of old agreements. Therefore, higher interest rates 1 Hereinafter, this Appendix presents the results

Monetary gold 80,482 0 –4,548 2,233 78,167 Gold bullion 80,482 0 –4,548 2,233 78,167 Unallocated gold accounts

care leave (to attend to a child of up to three years old) – 0.5; status you are on any other kind of paid leave

and 25 Rubles (catalogue number 5115-0147, mintage 1,000 pcs) and a gold proof coin in denomination of 50 Rubles (catalogue number 5216-0117, mintage 1,

two silver coins in denomination of 3 and 25 rubles and one gold coin in denomination of 50 rubles. The reverse side of the 3-ruble