ISSN (print) - 0131-7652

ISSN (online) - 2686-7605

Vol. 54 No. 4 (2024)
FINANCIAL ECONOMY

Monetary Policy of the Bank of Russia in the Context of Sanction Restrictions

Requires Subscription or Fee PDF (Русский) (RUB 100)
  • S.V. Frumina,
  • T.V. Belyanchikova,
  • V.A. Galanov,
  • N.F. Chelukhina,
  • M.A. Markov,
  • O.M. Skapenker
S.V. Frumina
Plekhanov Russian University of Economics; Financial University under the Government of the Russian Federation
Bio
T.V. Belyanchikova
Plekhanov Russian University of Economics
Bio
V.A. Galanov
Plekhanov Russian University of Economics
Bio
N.F. Chelukhina
Plekhanov Russian University of Economics
Bio
M.A. Markov
Plekhanov Russian University of Economics
Bio
O.M. Skapenker
Plekhanov Russian University of Economics
Bio
DOI: https://doi.org/10.30680/ECO0131-7652-2024-4-183-202

Published 2024-08-12

Keywords

  • inflation; monetary policy; targeting; sanctions; currency restriction

How to Cite

1.
Frumina С, Belyanchikova Т, Galanov В, Chelukhina Н, Markov М, Skapenker О. Monetary Policy of the Bank of Russia in the Context of Sanction Restrictions. ECO [Internet]. 2024 Aug. 12 [cited 2025 Jan. 2];54(4):183-202. Available from: https://ecotrends.ru/index.php/eco/article/view/4766

Abstract

Despite external shocks and continuous efforts of “unfriendly countries” to slow down the process of economic development of our country, the Bank of Russia is implementing the tasks for the progressive development of the economy, relying on the “Main Directions of the Unified State Monetary Policy”, adhering to the inflation targeting strategy. The purpose of this paper is to analyze enforcement of this policy principles in modern conditions, to develop recommendations for their observance in the future, while maintaining the ability to respond flexibly to current political and economic events and make operational adjustments based on the ongoing changes.
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