Subject. The article addresses the monetary policy, balance of payments of Russia, securities market. Objectives. The aim is to assess the investment potential of the Russian economy, the banking system stability. Methods. The study employs methods of statistical analysis. Results. The paper shows that in the Russian economy, investment financing sources exceed the costs of net acquisition of non-financial assets. Opportunities to attract foreign investment by the middle of 2023 were largely lost. At the same time, there is an exponential growth in debt on loans from the non-financial sector, and an increase in the volume of intraday loans provided by the Bank of Russia. Conclusions. The nature of monetary policy is critical for Russia's economic development in the face of international sanctions.
Koval O.V. [Therapy for Russia: Economist’s notes]. Ekonomicheskie strategii = Economic Strategies, 2015, vol. 17, no. 4, pp. 72–78. URL: Link (In Russ.)
Kos'min A.D., Kuznetsov V.V. [Comparative analysis of economic reforms in Russia and China]. Journal of International Economic Affairs = Journal of International Economic Affairs, 2023, vol. 13, no. 1, pp. 119–134. (In Russ.) URL: Link
Korolev P.E., Chkhutiashvili L.V. [E.T. Gaidar's economic reforms: A panorama of ‘shock therapy’]. Vestnik Tverskogo gosudarstvennogo universiteta. Seriya: Ekonomika i upravlenie = Bulletin Tver State University. Series: Economics and Management, 2022, no. 3, pp. 227–236. (In Russ.) URL: Link
Andreev M.Yu., Polbin A.V. [Macroeconomic effects of the expected future decline in oil revenues for the Russian economy under capital control]. Voprosy Ekonomiki, 2023, no. 4, pp. 5–28. (In Russ.) URL: Link
Xu J., Khan K., Cao Y. Conflict and Exchange Rate Valuation: Evidence from the Russia-Ukraine Conflict. Heliyon, 2023, vol. 9, iss. 6. URL: Link
Kvashnina I.A. [Import and export of capital from Russia under sanctions and response measures]. Mezhdunarodnaya ekonomika = The World Economics, 2023, no. 9, pp. 583–594. (In Russ.) URL: Link
Al Humssi A., Chaplyuk V.Z., Petrovskaya M.V., Sorokina L.N. [Model for assessing the financial security of the national economy: A case study of Russian Federation]. Finansovaya ekonomika = Financial Economics, 2023, no. 1, pp. 83–89. (In Russ.)
Bozhechkova A.V., Knobel' A.Yu., Trunin P.V. [Balance of payments in Q2 2023]. Ekonomicheskoe razvitie Rossii = Russian Economic Development, 2023, vol. 30, no. 8, pp. 4–7. URL: Link (In Russ.)
Dement'ev N.P. [Incoming and outgoing foreign investments in the economy of present-day Russia]. EKO = ECO, 2022, vol. 52, no. 2, pp. 115–139. (In Russ.) URL: Link
Kheifets B.A. [Capital outflow and deoffshorization of the Russian economy in the new reality]. Ekonomicheskaya bezopasnost' = Economic Security, 2022, vol. 5, no. 3, pp. 835–852. (In Russ.) URL: Link
Vernikov A.V., Kurysheva A.A. [Household debt: An institutionalist perspective and empirical assessment]. Voprosy Ekonomiki, 2022, no. 10, pp. 138–156. (In Russ.) URL: Link
Guseinov V.M., Tsitskiev M.M. [Influence of the interest rate policy of the Central Bank on the operations of commercial banks]. Finansovaya ekonomika = Financial Economy, 2023, no. 5, pp. 220–222. (In Russ.)
Obraztsova O.A., Dubintseva N.A. [Development of operations of the Bank of Russia on the open market]. Finansovyi vestnik = Financial Vestnik, 2023, no. 1, pp. 80–84. URL: Link (In Russ.)
Ono S. The Effects of Monetary Policy in Russia: A Factor-augmented VAR Approach. Economic Systems, 2021, vol. 45, iss. 3. URL: Link
El-Shagi M., Tochkov K. Divisia Monetary Aggregates for Russia: Money Demand, GDP Nowcasting and the Price Puzzle. Economic Systems, 2022, vol. 46, iss. 4. URL: Link
