Title Evolution of monetary policy instruments in Russia / prepared by Tomás J.T. Baliño, David S. Hoelscher, and Jakob Horder

Published [Washington, D.C.] : International Monetary Fund, Monetary and Exchange Affairs Dept., ©1997

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Description 1 online resource (39 pages) : illustrations Series IMF working paper ; WP/97/180 IMF working paper ; WP/97/180 Summary Annotation This paper analyzes the evolution of monetary policy in Russia, focusing on the period January 1992December 1995. Special attention is given to the role of monetary policy instruments. Initially, policy was completely dominated by flows of credit from the Central Bank of the Russian Federation (CBR) to the budget, to enterprises, and to other republics in the ruble area. Over time these flows have been reduced and indirect monetary instruments have become key elements of monetary policy implementation Bibliography Includes bibliographical references (page 39) Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL Print version record Subject Monetary policy -- Russia (Federation) Banks and banking, Central -- Russia (Federation) Financial instruments -- Russia (Federation) Monetary policy -- Soviet Union Banks and banking, Central. Financial instruments. Monetary policy. Russia (Federation) Soviet Union. Form Electronic book Author Hoelscher, David S Horder, Jakob International Monetary Fund. Monetary and Exchange Affairs Department ISBN 1451859074 9781451859072

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