Russian central bank lowers key rate again
Russian central bank lowers key rate again At its regular meeting on April 28, the Central Bank of Russia Board decided to lower the key rate by 50 basis points to 9.25 %, effective May 2. T...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Investment sluggish in Russia
Investment sluggish in Russia Fixed investment was up 2.3 % y-o-y in the first quarter. Rosstat reports that on-year growth in total fixed investment excluding small firms and those that ope...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Increase in area of land classed as Russian arctic – with much less budget funding
Russia,economy Increase in area of land classed as Russian arctic – with much less budget funding At end-June, the northern and northeastern parts of the Karelian Autonomous Republic were r...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Russia revises industrial output data
Russia revises industrial output data Rosstat's 2015 figures for GDP production components were revised upwards earlier this winter, and the 2016 figures were less negative than expected...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Lower oil prices hurting values of ruble and other CIS currencies
Lower oil prices hurting values of ruble and other CIS currencies At end-December, ruble hit new lows for the year pulled by declining oil prices. The ruble has renewed its slide in recent days as oil...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
China and Russia see Panama Papers as Western attempt to destabilise their political systems
China and Russia see Panama Papers as Western attempt to destabilise their political systems The unprecedentedly large data leak on offshore companies released last week by the International...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Russian central bank lowers key interest rate
Russian central bank lowers key interest rate At its monthly meeting last Friday (June 10), the Central Bank of Russia’s board of directors voted to lower the key rate by 50 basis points to ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Fitch downgrades Russia’s creditworthiness
Fitch downgrades Russia’s creditworthiness International credit ratings specialist Fitch announced last Friday (Jan. 9) that it had cut its ratings on Russian sovereign debt from BBB to BBB-...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Federal budget turned to slight deficit in 2014 (Russia)
Federal budget turned to slight deficit in 2014 (Russia) Budget revenues increased by 11 % last year. There was a bigger rise in revenues in these nominal terms during the final months of th...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
CBR cuts key rate to 14 %
CBR cuts key rate to 14 % Last Friday (Mar. 13), the Central Bank of Russia cut its key rate one percentage point on the heels of its February lowering to 15 %. With risks of weaker economic...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
CBR lowers key rate
CBR lowers key rate Effective Tuesday (May 5), the Central Bank of Russia lowered its key interest rate by 1.5 percentage points to 12.5 %. It was the third rate cut this year. The central b...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Loan stock growth stalls for Russian banking sector
Loan stock growth stalls for Russian banking sector The stocks of both corporate loans and loans granted to households contracted in the first four months of this year. SMEs, in particular, found it ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Tourism accounts for nearly half of Russian services imports
Tourism accounts for nearly half of Russian services imports Services imports to Russia in 2014 were $121 billion or €91 billion (28 % of total imports). The EU provided 46 % of services im...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
CBR lowers key rate again
CBR lowers key rate again Effective Monday (Aug. 3), the key rate was lowered a half percentage point to 11 %. The Central Bank of Russia stated that the weak economy justified a further ra...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Government wants to increase competition but also restrictions on public sector procurements
Government wants to increase competition but also restrictions on public sector procurements A recent economy ministry report notes that there is still plenty of room for increasing competition and tr...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Upper_Helsinki_161123.pdf
cent Graph 1 AE = United Arab Emirates; AR = Argentina; BR = Brazil; CL = Chile; CN = China; CO = Colombia; HK = Hong Kong SAR; ID = Indonesia; IN = India; KR = Korea; MX = Mexico; MY = Malaysia...
Bofit.fi / globalassets / bofit / tutkimus / konferenssit-ja-tyopajat / 2016 / bofit25
Finland's_balance_of_payments_2012_2013_en.pdf
the BRIC countries were still growing rapidly as host countries for outward portfolio investment, but China is the only BRIC country that has maintained that status among Finnish investors. Fi...
Bofit.fi / globalassets / en / statistics / maksutase / documents
bpb2014-16.pdf
Laura Solanko: How to Liberalize a Thousand TWh Market? – Restructuring the Russian Power Sector No 2 Maija Sirkjärvi: Suomen markkinaosuus Venäjällä on supistunut No 3 Andrei Y...
Bofit.fi / globalassets / bofit / tutkimus / tietoiskut / kiina-tietoisku
Euro_ja_talous_1-2014_en.pdf
Bank of Finland forecast Global forecast exposed to downside risks • The period of low inflation may – be more protracted than previously forecast – impede economic adjustment more than est...
Bofit.fi / globalassets / en / media-and-publications / releases / documents
ELMoscow_111007.pdf
(CEPR & ESI) According to their paper, over time increased competition in the labour and product markets bring about improvements in productivity and welfare Monetary Policy 29SUOMEN PANKK...
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