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Fed, made it clear in her speech to Congress that the Federal Reserve was not intending to take preventive measures and preferred to be guided

No. 3444-U, dated 16 November 2014, ‘On the Procedure for Investing Insurance Reserve Funds and the List of Assets Eligible for Investment’, and Bank of

still intend to diversify reserves through, among other things, gold purchases? Elvira NABIULLINA: Yes it does. We have always relied on reserve diversification and we

still intend to diversify reserves through, among other things, gold purchases? Elvira NABIULLINA: Yes it does. We have always relied on reserve diversification and we

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

Private Bank placed funds in low quality assets and did not establish reserves adequate to the risks assumed. Due to the low quality of assets,

of liquidity associated with the financing of the federal deficit from the Reserve Fund. In addition, OFZ sales might encourage the increase in liquidity and

by the budgetary funds inflows to commercial banks through expenditure financing by Reserve Fund resources. Bank of Russia forecasts assume that the surplus might last