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of such an ‘easy’ decision is the proposals to forcedly reduce the exchange rate. I should note that the implications of ‘easy’ decisions will run

total value of transactions in foreign currencies was calculated at the 392 exchange rate of the Bank of Russia on the transfer date. 326 42

of payments. Nominal effective ruble exchange rate index The nominal effective ruble exchange rate index reflects changes in the exchange rate of the ruble against

of Russia’s initiative to change this amount is related to the exchange rate dynamics and serves to prevent accounts receivable from growing and to

Official Exchange Rate of US Dollar Against Ruble* ............................................................................................................ 81 2.17 Official Exchange Rate of Euro Against Ruble* .................................................................................................................... 83 2.18 Official Exchange Rate: Rubles

the worsened conditions. The first one is a transition to a floating exchange rate of the ruble. This is a pivotal systemic measure. Though this

the worsened conditions. The first one is a transition to a floating exchange rate of the ruble. This is a pivotal systemic measure. Though this

ruble exchange rate fluctuations remained on a downward path. In the short term, we do not expect any expressed impact of the exchange rate on

ruble exchange rate fluctuations remained on a downward path. In the short term, we do not expect any expressed impact of the exchange rate on

favourable than expected and contributed to the inflation slowdown through the ruble exchange rate and food price movements (these factors’ influence is temporary and is