Russia's Monetary Policy in 2014

Russian Economy in 2014. Trends and Outlooks. (Issue 36), 2015

24 Pages Posted: 1 Nov 2015

See all articles by Alexandra Bozhechkova

Alexandra Bozhechkova

Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research

Anna Kiyutsevskaya

Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Michael Khromov

Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Structural Research Laboratory

Alexander Knobel

Gaidar Institute for Economic Policy; Russian Presidential Academy and Public Administration (RANEPA) - Institute of Applied Economic Studies

Pavel Trunin

Gaidar Institute for Economic Policy

Date Written: October 31, 2015

Abstract

This paper deals with Russia's monetary policy in 2014. The key developments in Russia’s monetary policy in 2014 were determined by adverse processes in the Russian economy, which related to the tense geopolitical situation, massive capital outflow and the decline in the price of energy resources.

Keywords: Russian economy, monetary policy, money market, inflation, balance of payments, exchange rate

JEL Classification: E31, E43, E44, E51, E58, E52

Suggested Citation

Bozhechkova, Alexandra and Kiyutsevskaya, Anna and Khromov, Michael and Knobel, Alexander and Trunin, Pavel, Russia's Monetary Policy in 2014 (October 31, 2015). Russian Economy in 2014. Trends and Outlooks. (Issue 36), 2015. Available at SSRN: https://ssrn.com/abstract=2684419

Alexandra Bozhechkova (Contact Author)

Gaidar Institute for Economic Policy ( email )

Gazetny pereylok 3-5
Moscow, 125993
Russia

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Institute of Applied Economic Research ( email )

Russia

Anna Kiyutsevskaya

Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Vernadskogo Prospect 82
Moscow, 119571
Russia

Michael Khromov

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Russian Presidential Academy of National Economy and Public Administration (RANEPA) - Structural Research Laboratory ( email )

Moscow
Russia

Alexander Knobel

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Russian Presidential Academy and Public Administration (RANEPA) - Institute of Applied Economic Studies ( email )

Vernadsky Ave. 82
Moscow, 119571
Russia

Pavel Trunin

Gaidar Institute for Economic Policy ( email )

Gazetny pereulok, 3-5
Moscow, 125993
Russia

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