Search results

the Bank of Russia Research Advisory Board and external reviewers. All rights reserved. The views expressed in this paper are solely those of the authors

on equity and financial derivatives. External assets of Central bank comprise international reserves of the Russian Federation (excluding monetary gold which is not a debt

for other related purposes. Reserve assets consist of monetary gold, special drawing rights, reserve position in the IMF, and other reserve assets (currency and deposits,

3 66 Required Reserves Ratios (percent) Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio on

1Q2019 2Q2019 Change in foreign currency reserves, “+” is decline, “-“ is increase Capital account Current account surplus Financial account (excl. reserve assets) Net errors and omissions

regulation of banks’ required reserves with the Bank of Russia 0.0 0.0 0.0 2. Change in free bank reserves (correspondent accounts) (demand

debt, $bn Reserves, $bn 800 120% External debt/GDP 1Q19 = 28% 109% 691.7 700 Reserves/GDP 1Q19 = 30.9% 98% 100% Reserves cover 18

account balance 113 98 72 50 106 112 103 Financial account (excluding reserve assets) 77 32 16 7 32 29 24 Government and the central

including: 9.1.1 adjustment of a formed loss reserve to the amount of the estimated reserve for expected - - -849,6 -832,8 -895,2

debt, $bn Reserves, $bn 800 120% External debt/GDP 2018 = 28.6% 109% 691.7 700 Reserves/GDP 2018 = 30.5% 98% 100% Reserves cover