The goal of this work is to study models of the exchange rate, as well as to analyze the theoretical and empirical approaches to the analysis of the intervention policy of the central bank. First, we examined base models of the formation of exchange rates and identified key factors that...

On March 24, the Bank of Russia decided to reduce its key rate by 0.25 percentage point to 9.75%. The Bank of Russia's intention to continue its moderately rigid monetary policy, in spite of the significant slowdown in real inflation, can be explained by the inertia of inflation expectations, as...

It was during his election campaign that US President Donald Trump put forth a number of domestic economic policy proposals, which, once implemented, may not only alter the rules of game in the US economy, but also significantly influence the entire global economy

Russian Abstract: Данная работа посвящена изучению информационных аспектов денежно-кредитной политики и анализу влияния информационных сигналов центральных банков на...

Russian Abstract: Исследование особенностей и специфики формирования обменных курсов национальных валют развивающихся стран в рамках плавающих режимов...

Last year, the Bank of Russia pursued conservative monetary policy aimed at reducing inflation. As a result, the inflation was 5.4% (December 2016 compared to December 2015), being significantly lower than it had been in 2015 (12.9% in December 2015 compared to December 2014). It is now the new...

Russia's BoP data attest to a considerable decline in the current account surplus in 2016 compared to 2015. At the same time, net capital outflows in the private sector slowed down substantially because the rate of repayment of debts and liabilities slowed down, as a result of which the ruble...

Russian Abstract: Система наднационального финансового регулирования начала активно развиваться в 1970-х гг. на фоне повышения открытости финансовых рынков и активного...

Russian Abstract: Разразившийся в декабре 2014 г. кризис на валютном рынке, а также предпринятые для его преодоления денежными властями и правительством меры (в частности,...

Russian Abstract: Снижение ключевой ставки Банком России выглядит преждевременным и несет риски дальнейшего разгона инфляции и нестабильности на валютном рынке. В...