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2951
27.09.2013
tighter monetary policy in the short term than initially planned, that could weigh on economic growth. At the same time, if monetary policy stance remains
the third round of its quantitative easing policy. In addition,
to increase the transparency of its monetary policy, the FRS pegged the level of its
by 23.1% in In 2012, the Bank of Russia exchange rate policy re-
2012, to $74.8 billion. The trade surplus fell by 1.
2954
13.09.2013
starting from 16 September 2013 the system of Bank of Russia monetary policy instruments is extended by the auction for the provision of loans, secured
2955
13.09.2013
50 percentage per annum. At the same time, the system of monetary policy instruments was complemented by the auction for the provision of loans, secured
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
relations services cover advisory, managerial
and operational assistance services associated with business policy and strategy, etc.;
organization, conduct and moderation of seminars, training courses; projects
for elaborating the country’s macroeconomic policies, (net capital outflow abroad); classification of assets and
namely, foreign trade policy, foreign exchange regulation and liabilities by
2959
09.08.2013
as gross output stands slightly below its potential level. Assuming unchanged monetary policy stance and absence of adverse food prices shocks, the Bank of Russia
for elaborating the country’s macroeconomic policies, new information sources, and the improvement of methodology
namely, foreign trade policy, foreign exchange regulation and for individual