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goal ensure the stability of Exchange rate. By the end of the month, the long-term interest rates. ruble-to-US dollar exchange rate rose by 2.4

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

rule leads to a decrease in output volatility, a slight decrease in exchange rate volatility and a stronger disinflationary effect in response to a positive

at current foreign exchange rates and market prices. Values are converted to the US dollars on the base of official exchange rates of foreign currencies

Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 86 3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 88 3.2.3. Official Exchange Rate:

Fund. Cespedes, L. F., Chang, R., Velasco, A., 2004. Balance Sheets and Exchange Rate Policy. The American Economic Review 94(4), 1183–1193. Различия в

can moderately reduce the heterogeneity of the response of regional inflation to exchange rate shocks. However, the magnitude of this effect is limited. According to

partly due to the manufacturer has repeatedly sped up weakening of the exchange rate. assembling works since the beginning of 2021. Regional companies mention the

global markets caused in part by various geopolitical developments, which may affect exchange rate and inflation expectations. Also, given that the global economic recovery is

138.8 To reduce the impact of the surging volatility of the exchange rate and asset prices on banks’ balance sheets, banks and other financial