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YoY, YE21F Key rate, average from Oct 25th to year-end, % p.a. Key rate, % p.a. Inflation, % YoY line with the baseline
12 forecast, the
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27.10.2021
decision to raise the key rate by 75 bp to 7.50% p.a.
The Cash Circulation section provides information about cash money supply in
developer. In September, the number of loan applications
under the 0.1% p.a. Far Eastern Mortgage programme was up after a large federal level
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22.10.2021
The Bank of Russia increases the key rate by 75 b.p. to 7.50% p.a.
On 22 October 2021, the Bank of Russia
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13.10.2021
dated 4 August 2021, ‘On Amending Bank of Russia Regulation No. 745?P, Dated 9 December 2020’ (becomes effective 10 days after its official publication;
20% granted in rubles from 1 April 2020 from 100 to 20-80 p.p. depending on the PTI ratio.
2 RUSSIAN MACRO UPDATE
RUSSIAN MACRO
Preventive monetary and macroprudential policy response to anticipated shocks to financial stability
s = p x,1,s A1,s klinear
0 + q1,s klinear
0 (1 + i1 )d1linear (1 + 1 ) + t1 (8)
linear
n2,s = p x,
rates. The Journal of Financial and Quantitative Analysis, 6, 1197-1205.
4) Cheng, P.L. 1980. Divergent rates, financial restrictions and relative prices in
capital market
2 p vs August) and reached
110
its peak since August 2020 (Chart 4). The
100
expectations index increased most of all (+5.2 p
of A under the Fitch
of foreign exchange assets. Ratings and S&P Global Ratings classifications
The objective of foreign exchange asset and a minimum