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section – 29 December 2018. ‘Credit and deposit market’ section – 1 December 2018. * Reserve requirements are an important part of the Bank of Russia’s set

activity 2. Actuarial reserves of an insurance company: –– Economic reasons for actuarial reserves creation –– Classification (composition) of actuarial reserves –– Specifics of actuarial reserves creation for

495) 771-91-00, +7 (495) 621-64-65 (fax) Website: www.cbr.ru All rights reserved. The views expressed in this note are solely those of the authors

the fiscal rule by 2.8 billion rubles. The Bank of Russia reserves the right to suspend foreign currency purchases in the domestic market under

Reserves Ratios BULLETIN (percent) STATISTICAL Required reserve ratio Required reserve ratio Required reserve ratio BANK OF RUSSIA Required reserve ratio Required reserve ratio Required reserve

section – 30 November 2018. ‘Credit and deposit market’ section – 1 November 2018. * Reserve requirements are an important part of the Bank of Russia’s set

accounts to record required reserves in order to fulfil reserve requirements. The latter comprise required reserve ratios and a required reserve averaging ratio. Ruble nominal

Significant international reserves assuring financial stability Figure 8: Public debt to GDP among the lowest in both EM and DM (2017, %) 600 Reserves/GDP = 28.

deficit elasticity of the Bank of Russia key rate covered from the Reserve Fund amounts to about 1. Repercussions of additional budget deficit for inflation

draft Regulation. The methodology will be used for the calculation of required reserves by banks with a universal licence, except those employing the IRB-approach to