POLYCURRENCY BASKET AS THE NEW REFERENCE POINT OF THE COURSE POLICY OF BANK OF RUSSIA
The article is devoted to transformation of a course policy of Bank of Russia and introduction of "a basket of currencies " consisting of Euro and US dollar. Since February, 2005 the currency basket is one of major factors of a monetary and credit policy of Bank of Russia influencing on fo...
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| Format: | Article |
| Language: | Russian |
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Don State Technical University
2007-03-01
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| Series: | Advanced Engineering Research |
| Online Access: | https://www.vestnik-donstu.ru/jour/article/view/1281 |
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| _version_ | 1839577576928968704 |
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| author | G.V. KHATUSCHENKO |
| author_facet | G.V. KHATUSCHENKO |
| author_sort | G.V. KHATUSCHENKO |
| collection | DOAJ |
| description | The article is devoted to transformation of a course policy of Bank of Russia and introduction of "a basket of currencies " consisting of Euro and US dollar. Since February, 2005 the currency basket is one of major factors of a monetary and credit policy of Bank of Russia influencing on formation of a real rouble exchange rate. Transition to use of an bicurrency operational reference point is directed on decrease(reduction) of intraday volotation of a rouble exchange rate to significant for the Russian Federation foreign currencies. In process of adaptation of participants of the currency market to new conditions the Central Bank changes a share ratio of dollar and euro in "a basket of currencies". Besides the bicurrency basket is one of tools of Bank of Russia for restraint of growth of parameters of inflation. |
| format | Article |
| id | doaj-art-d8ac6b5d362e4e1f9be8e00b8ece3b0e |
| institution | Matheson Library |
| issn | 2687-1653 |
| language | Russian |
| publishDate | 2007-03-01 |
| publisher | Don State Technical University |
| record_format | Article |
| series | Advanced Engineering Research |
| spelling | doaj-art-d8ac6b5d362e4e1f9be8e00b8ece3b0e2025-08-04T12:52:45ZrusDon State Technical UniversityAdvanced Engineering Research2687-16532007-03-01711191261266POLYCURRENCY BASKET AS THE NEW REFERENCE POINT OF THE COURSE POLICY OF BANK OF RUSSIAG.V. KHATUSCHENKOThe article is devoted to transformation of a course policy of Bank of Russia and introduction of "a basket of currencies " consisting of Euro and US dollar. Since February, 2005 the currency basket is one of major factors of a monetary and credit policy of Bank of Russia influencing on formation of a real rouble exchange rate. Transition to use of an bicurrency operational reference point is directed on decrease(reduction) of intraday volotation of a rouble exchange rate to significant for the Russian Federation foreign currencies. In process of adaptation of participants of the currency market to new conditions the Central Bank changes a share ratio of dollar and euro in "a basket of currencies". Besides the bicurrency basket is one of tools of Bank of Russia for restraint of growth of parameters of inflation.https://www.vestnik-donstu.ru/jour/article/view/1281 |
| spellingShingle | G.V. KHATUSCHENKO POLYCURRENCY BASKET AS THE NEW REFERENCE POINT OF THE COURSE POLICY OF BANK OF RUSSIA Advanced Engineering Research |
| title | POLYCURRENCY BASKET AS THE NEW REFERENCE POINT OF THE COURSE POLICY OF BANK OF RUSSIA |
| title_full | POLYCURRENCY BASKET AS THE NEW REFERENCE POINT OF THE COURSE POLICY OF BANK OF RUSSIA |
| title_fullStr | POLYCURRENCY BASKET AS THE NEW REFERENCE POINT OF THE COURSE POLICY OF BANK OF RUSSIA |
| title_full_unstemmed | POLYCURRENCY BASKET AS THE NEW REFERENCE POINT OF THE COURSE POLICY OF BANK OF RUSSIA |
| title_short | POLYCURRENCY BASKET AS THE NEW REFERENCE POINT OF THE COURSE POLICY OF BANK OF RUSSIA |
| title_sort | polycurrency basket as the new reference point of the course policy of bank of russia |
| url | https://www.vestnik-donstu.ru/jour/article/view/1281 |
| work_keys_str_mv | AT gvkhatuschenko polycurrencybasketasthenewreferencepointofthecoursepolicyofbankofrussia |