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The size of the rate hike attests to the CBR’s determination to tame domestic price rises at all costs, even though this is likely to restrict credit growth and dampen output. The…
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DOI: 10.1108/OXAN-DB281638
ISSN: 2633-304X
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Geographic
Topical
Shmihal said the budget would be largely covered by IMF, EU and US funds totalling USD3.5bn per month. The unprecedented reliance on borrowing, through domestic bond issuance and…
Banking-sector stability is vital for the functioning of the Russian economy: bank credit is facilitating economic restructuring. Although the sector withstood the first impact of…
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DOI: 10.1108/OXAN-DB278809
ISSN: 2633-304X
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Geographic
Topical
Russia's foreign and domestic debt position.
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DOI: 10.1108/OXAN-DB213972
ISSN: 2633-304X
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Geographic
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Ukraine's debt.
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DOI: 10.1108/OXAN-DB206413
ISSN: 2633-304X
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Geographic
Topical
Financing sources for Russian companies.
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DOI: 10.1108/OXAN-DB222472
ISSN: 2633-304X
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Geographic
Topical
While international reserves are healthy, that portion held in sovereign wealth funds to support budgetary spending has been severely depleted by government drawdowns, and one of…
Russian management of external risks.
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DOI: 10.1108/OXAN-DB246422
ISSN: 2633-304X
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Geographic
Topical
The steep fall in global oil prices and rapid spread of COVID-19 have ended hopes of economic revival in 2020. The government has allocated 300 billion rubles (4 billion dollars…
Russia's exclusion from international financial markets presents high risks to macroeconomic stability in the short and longer term. Sovereign rating downgrades to 'junk' indicate…