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Finance and Credit

26(554) - 2013 July

Currency policy and course margin of Bank of Russia

Vol. 19, Iss. 26, JULY 2013

Available online: 11 July 2013

Subject Heading: Banking

JEL Classification:

Smirnova O.V. PhD of Economic Sciences, Associate Professor of Economy and Finance, the Tverskaya branch of the Russian Academy of National Economy and Public Administration under the President of the Russian Federation
smirnova-ranhigs @yandex.ru

In the article influence of currency policy of Bank of Russia on the directions of placement of its financial resources and possibility of receiving course margin from operations on purchase and sale of foreign currency within measures for ensuring stability of national currency is considered. The results of author's calculations of size of a course margin from operations of purchase and sale of foreign currency are presented.

Keywords: Bank of Russia, international reserves, course margin, exchange rate

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

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Vol. 30, Iss. 4

April 2024