Abstract
The structural liquidity deficit in Russia’s banking sector is on the decline, and it will certainly continue to go down over the course of 2016. This phenomenon is going to make it difficult for the Bank of Russia to implement its interest rate policy in the regime of a symmetric interest rate corridor. It is possible and feasible for the RF CB to implement measures designed to maintain a structural liquidity deficit and achieve the practical target of its lending policy – to ensure that short-term money market rates remain close to the key policy rates.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
