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7% of GDP. Source: Federal Treasury 13 Ruble exchange rate Ruble exchange rate Real effective ruble exchange rate 50 7,5 160 55 8,0

currency component is converted into rubles struction agreements. using the period average exchange rate. 30 Regional Economy. September 2021 BOX 2 and longer deposits. This

are used to purchase imported equipment, this indeed will not affect the exchange rate. In our opinion, this will not impact the main parameters directly

global markets caused in part by various geopolitical developments, which may affect exchange rate and inflation expectations. As the global economic recovery is progressing faster

increased by 8.2% due to an increase in the foreign currency exchange rate against the Russian ruble. In 2020, FSUE Post of Crimea conducted

inform borrowers about the TCC they could have if they used paid services in exchange for a reduced interest rate. Preview photo: Sebra / Shutterstock / Fotodom

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

Benchmark – an aggregated indicator in the form of an index, interest rate, or exchange rate enabling the analysis of changes in the value of underlying

2020 01.2021 Interest-rate corridor Bank of Russia key rate RUONIA RUSFAR ON RUB (Moscow Exchange) DYNAMICS OF RUONIA VOLUMES IN 2020 Chart 2 (BILLION