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7). As pressure on exchange rates will increase owing
to US monetary policy tightening, some countries may
be confronted with considerable difficulties in manag-
ing
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03.04.2014
to set interest rates on suspended operations as they might distort monetary policy signal. Starting from 25 July 2014 the Bank of Russia will cease
time for monetary policy
tightening is approaching. At the same time, the ECB will most
likely have to continue its stimulus policy to overcome the
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26.03.2014
Federation (Bank of Russia)’.
JSC Saving Investment Bank implemented a high-risk lending policy and failed to make loan loss provisions commensurate with the risks assumed.
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18.03.2014
banking licence of CJSC S Bank.
S Bank implemented a highly risky policy with regard to the placement of borrowed funds and failed to make
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18.03.2014
the Russian Federation (Bank of Russia)’.
CB Stroykredit, OJSC pursued highly risky policies and did not create proper and consistent with assumed risks loan loss
elaborating the country’s macroeconomic policies, because of the updating of primary reports, the appearance of
namely, foreign trade policy, foreign exchange regulation and new
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14.03.2014
Nevertheless, risks of above-target inflation in 2014 remain.
Given the current monetary policy stance, the slowdown in consumer price growth will resume in the second
elaborating the country’s macroeconomic policies, because of the updating of primary reports, the appearance of
namely, foreign trade policy, foreign exchange regulation and new
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05.03.2014
on economic growth. We will watch the situation and pursue our monetary policy respectively.
On the whole, there are signs of the situation normalisation, but