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exchange rate developments in Russia. We estimate the model empirically and show that the reaction of households to exchange rate appreciation weakens when exchange rate

values since October 2021. *** SAAR – seasonally adjusted annualised rate. Sources: InFOM, Rosstat, Bank of Russia, Interfax, Moscow Exchange. 3 Inflation Expectations and Consumer Sentiment / No.

It’s also responsible for the financial market’ infrastructure — activities of rating agencies, stock exchanges, depositories and other participants. All sectors of the financial market

based on site of the public joint-stock company Moscow Exchange. Contribution to the monthly growth rate of market capitalisation of listed shares (by type of

values since October 2021. *** SAAR – seasonally adjusted annualised rate. Sources: InFOM, Rosstat, Bank of Russia, Interfax, Moscow Exchange. 3 Inflation Expectations and Consumer Sentiment / No.

values since October 2021. *** SAAR – seasonally adjusted annualised rate. Sources: InFOM, Rosstat, Bank of Russia, Interfax, Moscow Exchange. 3 Inflation Expectations and Consumer Sentiment / No.

values since October 2021. *** SAAR – seasonally adjusted annualised rate. Sources: InFOM, Rosstat, Bank of Russia, Interfax, Moscow Exchange. Inflation Expectations and Consumer Sentiment 3 No.

values since October 2021. *** SAAR – seasonally adjusted annualised rate. Sources: InFOM, Rosstat, Bank of Russia, Interfax, Moscow Exchange. Inflation Expectations and Consumer Sentiment 3 No.

values since October 2021. *** SAAR – seasonally adjusted annualised rate. Sources: InFOM, Rosstat, Bank of Russia, Interfax, Moscow Exchange. Inflation Expectations and Consumer Sentiment 3 No.

values since October 2021. *** SAAR – seasonally adjusted annualised rate. Sources: InFOM, Rosstat, Bank of Russia, Interfax, Moscow Exchange. Inflation Expectations and Consumer Sentiment 3 No.