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Forward P/E ratio (12m), MSCI Russia vs MSCI EM
Russia India Brazil Turkey
MSCI Russia, lhs MSCI EM, lhs Russia to EM P/E
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30.10.2019
Directors to reduce the key rate by 50 bp to 6.50% p.a.; on including securities in the Lombard List; on raising the requirements
firms. Omitted category:
Sector G. Wholesale and retail trade
*** p<0.01, ** p<0.05, * p<0.1
In the Russian economy, the creative destruction
in (Grant, Chan, (2017c)) paper. To
forecast gaps, I used standard AR(p) model with lag order choice made on the basis on the AIC
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25.10.2019
The Bank of Russia cuts the key rate by 50 bp to 6.50% p.a.
25 October 2019
Press release
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May-19 Jun-19 Jul-19 Aug-19 Actual data
Source: Bloomberg Finance L.P. Source: Bloomberg Finance L.P.
TALKING TRENDS No 6 / SEPTEMBER 2019 30
Research and
household deposits % p.a. 6.9 6.8 6.7
– household loans % p.a. 13.6 13.4 13.3
– corporate loans % p.a. 10.
M. (2006). Pattern recognition and machine learning. New York: Springer-Verlag.
Blake, A.P. & Mumtaz, H. (2017). Applied Bayesian econometrics for central bankers. Centre
for Central
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09.10.2019
teams PPnP (Bauman Moscow State Technical University, Higher School of Economics and P.A. Solovyov Rybinsk State Aviation Technical University) and Techtation (Nizhny Novgorod State
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09.10.2019
issues) or the sureties (guarantors) for such securities — B- on the S&P Global Ratings international rating scale or B3 on the Moody’s Investors