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No. 4297-U, dated 22 February 2017, ‘On the Procedure for Investing Insurance Reserve Funds and the List of Assets Eligible for Investment’ (hereinafter, the Ordinance

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

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 Figure 8: Public debt to GDP among the lowest in both EM and DM stability (2016, %) Reserves Reserves/GDP = 27.

rate last 3M August 2018 the forecast August 2018 the forecast Federal Reserve (upper bond) 2,00% +25 bp 3,25% +25 bp 3,38

company was defined earlier as the sum of additional Tier 1 capital, reserve capital and retained profit. The methodology for measuring capital proceeds from the

Republic of Belarus for 2019. The meeting participants exchanged information on international reserves dynamics and mutual claims, as well as liabilities of the Russian Federation