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based on the current trends in petroleum prices (43% of respondents), ruble
exchange rate fluctuations (40%), and harvest situation (35%).
In October, the estimates of
Inflation targeting regime with 4% medium-term target rate
2001 – Law on AML/CFT – Introduction of a floating exchange rate regime
– Approval of a new corporate
В-1-3
THE US DOLLAR
2x63х82 = 100)
(02.01.2019
EXCHANGE RATES IN ADVANCED ECONOMIES* EXCHANGE RATES IN EMERGING MARKET ECONOMIES*
115 120
110
110
100
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implications for inflation trends?
ELVIRA NABIULLINA:
As you are well aware, our exchange rate is floating and shaped by multiple factors. Undoubtedly, the favourable global
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
828
22.10.2021
by, among other factors, a range of geopolitical events, which may affect exchange rate and inflation expectations. Should inflation pressures in the global economy strengthen
calculations. Sources: Rosstat, Bank of Russia calculations.
RUBLE EXCHANGE RATE AGAINST FOREIGN Chart 7 RUBLE EXCHANGE RATE AGAINST FOREIGN Chart 8
CURRENCIES* CURRENCIES*
63х82
(THREE-MONTH
Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 88
3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 90
3.2.3. Official Exchange Rate: