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exchange rate fluctuations significantly decreased compared to summer 2023. The growth rates of prices for goods that are more and less responsive to exchange rate

Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 65 3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 67 3.2.3. Official Exchange Rate:

amounted to almost Р2 trillion. Moreover, a higher key rate helps stabilise the ruble. The exchange rate certainly depends on trade flows in the first

the ruble exchange rate. The fiscal rule mechanism helps compensate for the impact of crude oil price fluctuations on budget revenues and exchange rate movements.

the ruble exchange rate. The fiscal rule mechanism helps compensate for the impact of crude oil price fluctuations on budget revenues and exchange rate movements.

and over-the-counter FX markets was 53% and 39.6%, respectively. The ruble exchange rate stayed relatively stable as monetary conditions remained tight, among other reasons.

23, Zn-1.23), EUR/CAD exchange rate (ECAD-3.23), USD/TRY exchange rate (UTRY-3.23), and EUR/JPY exchange rate (EJPY-3.23). In the period

discuss the prospects of the rating industry development. To exchange experience Key Issues 1. Analyzing the activity of credit rating agencies (CRAs) in 2021-2024 in

in February, they discussed in detail a possible future key rate path and also exchanged the views on conditions that might require a reduction or

sector revenue & CAPEX & OPEX Non-financial Carbon regulation credit companies OPEX & Ruble exchange CAPEX rate Inflation market currency Budget interest rate Key rate financial expenses 15