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922
29.03.2021
economy to countrywide factors, e.g. changes in global oil prices or exchange rate fluctuations. The extent of the response to a change in the
Inflation targeting Active inflation Liquidity Transition deadline Key rate Floating exchange
announced targeting management set introduced rate introduced Dec 2018 Dec 2019 Feb 2021
communications
intensified, while the effect of ruble
the locations of their permanent employment. exchange rate movements weakened.
11 Regional Economy. March 2021 MAIN BRANCH FOR CENTRAL
927
19.03.2021
the exchange rate itself, a steadier exchange rate is something that many are interested in, I mean, households and businesses. A steady exchange rate of
928
19.03.2021
various geopolitical developments, among other factors, which may have an effect on exchange rate and inflation expectations. Given that the global economic recovery is progressing
price rises. The pace of price hikes in
goods highly sensitive to exchange rate movements (electrical goods and other household
appliances, personal computers, tools and
3-month inflation, SA, annualised, % (right-hand scale)
it was also affected by ruble exchange rate
Sources: IHS Markit PMI, Rosstat.
movements. The continuing growth of output