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Evolution of Monetary Policy Instruments in Russia

This paper analyzes the evolution of monetary policy in Russia, focusing on the period January 1992–December 1995. Special attention is given to the role of monetary policy instruments. Initially, policy was completely dominated by flows of credit from the Central Bank of the Russian Federation (CBR...

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Bibliographic Details
Main Author: Baliño, Tomás
Other Authors: Horder, Jakob, Hoelscher, David
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Working Papers
Subjects:
Depository Institutions
Commercial Banks
Credit
Banks
Banks And Banking
Reserve Requirements
Monetary Economics
Financial Institutions
Financial Services
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Micro Finance Institutions
Comparative Studies Of Particular Economies
Growth And Fluctuations: Europe: 1913-
Financial Institutions And Services: Government Policy And Regulation
Mortgages
International Lending And Debt Problems
Money
Correspondent Banks
Correspondent Banking
Bank Credit
Monetary Policy
Banking
Socialist Institutions And Their Transitions: Financial Economics
Economic History: Macroeconomics
Money And Monetary Policy
Russian Federation
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper analyzes the evolution of monetary policy in Russia, focusing on the period January 1992–December 1995. Special attention is given to the role of monetary policy instruments. Initially, policy was completely dominated by flows of credit from the Central Bank of the Russian Federation (CBR) to the budget, to enterprises, and to other republics in the ruble area. Over time these flows have been reduced and indirect monetary instruments have become key elements of monetary policy implementation
Physical Description:39 pages
ISBN:9781451859072

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