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up through all channels. In particular, credit and deposit rates rose, imports and the ruble exchange rate adjusted, inflation expectations decreased among all economic agents,

precious metals is recalculated into rubles at the period average RUB/USD exchange rate. For housing mortgage loans – net of claims on such loans acquired

up through all channels. In particular, credit and deposit rates rose, imports and the ruble exchange rate adjusted, inflation expectations decreased among all economic agents,

recalculation of exporters’ tax base for 2022 owing to a change in exchange rate differences. Tax revenues in the Omsk and Irkutsk Regions grew thanks

may generate additional demand for imports, but the downward pressure of weaker exchange rate prevails, causing a drop in imports. Labour and capital exit the

due to changing seasonal factors in train fares. Exchange rate In January 2024, the ruble exchange rate strengthened against the three main traded foreign currencies.

Non-financial Credit- Climate regulation companies based Earnings Gasoline rates and prices OPEX & CAPEX Ruble exchange Inflation Market-based rate Currency-based Finance costs Interest rate- Budget based

one in the first quarter of 2022. Both episodes came with unfavourable exchange rate developments, increased volatility in the financial market and growing uncertainty of

Amid ruble strengthening and exchange rate stabilisation in November, the median of price rises in goods highly sensitive to exchange rate movements also stabilised late

exchange rate and that the Bank of Russia does not give any exchange rate forecasts, but I would like to emphasise that the exchange rate