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S BALANCE OF PAYMENTS (2020 Q2)1 • The adverse influence of the coronavirus pandemic and the related restrictions on the balance of payments aggravated in

safe assets amid by 14%. Due to the coronavirus, certain countries, the uncertainty caused by the coronavirus which are popular destinations among Russian pandemic. tourists,

Contribution to annual growth, pp 8 slump in external demand amid the coronavirus 4 pandemic. 0 GDP forecast. According to the Bank of -4 Russia

exports remains high, given the risks of a second wave of the coronavirus infection in some countries, fraught with the reinstatement of restrictions. Short-term Rosstat

the increased volatility in global financial markets in the context of the coronavirus infection outbreak • The Bank of Russia approved a fast-track implementation of credit

the increased volatility in global financial markets in the context of the coronavirus infection outbreak 22 June 2020: The Bank of Russia reduced the interest

at mitigating 18 18,4 economic effects of the 2 17,4 coronavirus pandemic. 16 0 The current forecast takes into 14 -0,6 account

market anomalies that can affect organised trading. In the context of the coronavirus pandemic these aspects were particularly evident during commodity derivatives trading (also due

Bank of Russia’s measures aimed at mitigating economic effects of the coronavirus pandemic, including the monetary policy easing and regulatory measures implemented by the

practice of the regulatory easing due to the spread of the novel coronavirus infection (COVID-19), on 10 July 2020 the Bank of Russia’s Board