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of Russia exchange rate policy
History of Bank of Russia exchange rate policy in 1999–2010
Effective mechanism of Bank of Russia exchange rate policy
rate variations
in the period under review was, as noted earlier, pronounced exchange rate volatility. The impact of
other factors in the second quarter of
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08.10.2013
exchange rate and to proceed the gradual transition to the floating exchange rate regime by 2015. The increase of the potential flexibility of the exchange
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01.10.2013
of Russia FX operations on domestic market aimed at smoothing the ruble exchange rate volatility will be increased or decreased by the amount equal to
The market factor is also characterised by six indicators: the rouble/dollar exchange rate, the
volume of Russia’s international reserves, MIACR o/n - the
medium-sized banks ob- exchange rate fluctuations; without taking into account
tained virtually none of their resources from the in- the exchange rate factor, the corporate
Official Exchange Rate of US Dollar Against Ruble* .......................................................................... 82
2.18 Official Exchange Rate of Euro Against Ruble* ................................................................................ 84
2.19 Official Exchange Rate: Rubles
services
associated with transactions with clients’ financial assets and liabilities, credit rating services, stock exchange
services, trust services, bank safe deposit box rentals, and also
Official Exchange Rate of US Dollar Against Ruble* ....................................................................... 82
2.18 Official Exchange Rate of Euro Against Ruble* ............................................................................. 84
2.19 Official Exchange Rate: Rubles
Official Exchange Rate of US Dollar Against Ruble* .......................................................................... 80
2.18 Official Exchange Rate of Euro Against Ruble* ................................................................................ 82
2.19 Official Exchange Rate: Rubles