bank of russia

The report looks at the recent conduct of monetary policy and the central bank’s rule-based behaviour in Russia. Making use of various policy rules, we test whether or not the central bank in Russia reacts to adjustments to inflation, output gap and the exchange rate in a consistent and predictable ...

The purpose of this paper is to carefully assess the size of public sector within the Russian banking industry. We identify and classify at least 78 state-influenced banks. For the state-owned banks, we distinguish between those that are majority-owned by federal executive authorities or Central Bank of Russia, by sub-federal ...