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the Russian currency market is stabilising and that expectations of possible future exchange rate volatility risks are decreasing. The Bank of Russia's measures and

the financial benchmark family RUSFAR (Russian Secured Funding Average Rate) and the functioning of Moscow Exchange as their administrator as satisfactory. The regulator lays down

changes in the foreign exchange Market flow Gold price changes 16,8 rates against the US dollar and the decrease Exchange rates changes -1,1

functioning of the financial market. Financial indicators, which represent benchmark interest rates, exchange rates, securities and commodity prices, play a key role in the functioning

commodity markets (2) As a result of the CDS of EMEs Ruble exchange rate (USD/RUB) and normalization of the situation (change on 02.01.

dependence of inflation on exchange rate dynamics, and the application of the fiscal rule has reduced the dependence of the exchange rate on the dynamics

crisis emerged: Russia has steadily low inflation, small public debt, a floating exchange rate, a well-balanced budget, and the effective fiscal rule reducing the country

one or another trend of the exchange rate. In my opinion, the advantage of a market-based floating exchange rate is exactly that it is balancing