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10.2009 2.50 Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio Required reserve ratio on legal entities

licence and we are now considering the possibility of cutting the required reserve ratios for these banks’, she informed. ‘In collaboration with the banking community,

increase in re- the competition of producers and suppliers of goods quired reserve ratios enabled the Bank of Russia to and services; large food supply;

Perspectives,” Remarks at the conference on New Normal Monetary Policy, Feder- al Reserve Bank of San Francisco и полное игнорирование в заявлениях Председателя ЕЦБ Марио

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2017. 5. Shapiro A., Sudhoh M., Wilson D. Measuring News Sentiment // FEDERAL RESERVE BANK OF SAN FRANCISCO WORKING PAPER SERIES. January, 2017. 6. Thorsrud A.

whereas the parties to the Agreement are keeping their market shares through reserve sales. Alongside fundamental factors, oil prices are boosted by stronger temporary factors,

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

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