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Official Exchange Rate of US Dollar Against Ruble*..................................................................................................................83 2.17. Official Exchange Rate of Euro Against Ruble*.........................................................................................................................85 2.18. Official Exchange Rate: Rubles

our estimates, exchange rate fluctuations are still a factor weighing on inflation paces; however, their impact is fading. Therefore, inflation stripped of exchange rate influences

rates, price dynamics in the regulated segment, and the rather stable ruble exchange rate. At the same time, the latest issue of the informational and

Official Exchange Rate of US Dollar Against Ruble*..................................................................................................................83 2.17. Official Exchange Rate of Euro Against Ruble*.........................................................................................................................85 2.18. Official Exchange Rate: Rubles

in its production capacity in the medium term. The contribution of the exchange rate dynamics of the latest months to annual inflation slowdown will be

2017, the main topics covered in news articles were related to the exchange rate, oil, the banking sector, events in the USA, etc. (Figure 1

activity, whereas the FX market saw a reduction in the ruble’s exchange rate volatility and in its dependence on oil prices . Since late December,

in Russia. The exchange rate regime. Under a fixed exchange rate regime, monetary authorities are forced to accommodate fiscal policy, and exchange rate movements do

steadiness to food inflation in Russia. Moreover, inflationary pressures will be markedly diminished by a less volatile foreign exchange rate. Preview photo: HelloRF Zcool / shutterstock

Official Exchange Rate of US Dollar Against Ruble*..................................................................................................................83 2.17. Official Exchange Rate of Euro Against Ruble*.........................................................................................................................85 2.18. Official Exchange Rate: Rubles