Search results
3256 documents found
EurAsEC Member States
Key Issues: Implementation of the monetary policy of the Bank of Russia
Monetary policy instruments:
• operations related to the refinancing (crediting) of
dynamics by using monetary tions narrowed in the fourth quarter as compared
policy instruments. with the third, while the MIACR level increased.
The rise in
with the same period of 2006 (this year’s Single State Monetary Policy in 2008 (37 39%).
nine month average relative to last year’s
the latter continued to carry out mea
were motivated in their investment policy by the need to sures to accomplish this task on time.
intensify
State Mon
mainly due to the quickening of growth in veg etary Policy in 2008 (37% 39%) as well as the
etable and fruit prices.
budget ex
slower than in January March 2006. The prices of penditure policy and the absorption of excess li
imported goods were observed to rise
imple to growth in domestic demand and the continued
menting its monetary policy by the need to con withdrawal of the dollar from the Russian
3238
12.10.2006
and exchange rate policies help to maintain macroeconomic and financial stability. The principal goals of the Bank of Russia’s monetary policy are the gradual
25 28% to 36 39%. However, money sup
monetary and exchange rate policy pursued by the ply growth remained high also from the viewpoint
Bank
market is gradually declining, although it remains quite
lion). The conservative borrowing policy pursued by the important. By the end of 2005, the banking sector