Home  Journals  Finance and Credit  37(469) - 2011 October

The transmission mechanism channels of operations of Bank of Russia in the open market

Available online: 11 October 2011

Subject Heading: Banking industry

JEL Classification: 

In this article the author analyzes the basic channels of the transmission mechanism of operations of Bank of Russia in the open market in the conditions of transition from proficiency the budgetary policy to deficiency. The author thinks that efficiency of operation in the open market will increase, if in actives of Bank of Russia growth of securities occurs to parallel decrease in currency reserves. Thus, the author proves that operations in the open market should have scale and regular character.

Keywords: budget, currency, the state valuable papers, money, operations in the open market

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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