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significant slowdown in the current price growth rates. Inflationary pressure eases on the back of the ruble exchange rate dynamics as well as the noticeable

food products, as well as some non-food goods and services sensitive to exchange rate movements. TALKING TRENDS No. 2 / APRIL 2022 5 Table 1. Inflation

to 1.1% from 37.8%, SA). RUBLE EXCHANGE RATE AGAINST FOREIGN Chart 4 RUBLE EXCHANGE RATE AGAINST FOREIGN Chart 5 CURRENCIES* CURRENCIES* 45х82 (THREE-MONTH

Exchange Rates and Reference Prices of Precious Metals 3.2.1. Official Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 78 3.2.2. Official Exchange

reflecting market participants’ expectations for more rapid monetary policy easing. The ruble exchange rate against the US dollar recovered to the level of November 2021.

Exchange Rates and Reference Prices of Precious Metals 3.2.1. Official Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 78 3.2.2. Official Exchange

also continue to apply. The transfer amounts are calculated at the official exchange rate of foreign currencies to the ruble set by the Bank of

and precious metals is converted to rubles using the period average USDRUB exchange rate. Mortgage loans net of claims acquired by banks. Source: Bank of

foreign exchange restrictions to maintain the stability of the exchange rate? ELVIRA NABIULLINA: Indeed, as I have said several times today, the exchange rate strongly

This may in aggregate lead to a greater slowdown in lending. Ruble exchange rate dynamics will remain a meaningful factor shaping the path of inflation