Due to the fact that inflation

Expectations are “anchor” there, they can postpone raising the rate. We cannot afford this, because our inflation expectations are at an elevat level, we must dataset react now to return inflation expectations to lower values. In general, “anchoring” inflation expectations is a long process, this is the trust that is develop, if you take other countries, over decades. In general, inflation targeting has been practic in the world since the early 1990s , the Bank of New Zealand was the first to do this, and in our country this work began in 2015. A survey conduct by inFOM LLC on behalf of the Bank of Russia show that before the pandemic, inflation expectations were estimat at 7-8%, now they have increas the centre undertake their schul by one and a half times. Increas inflation expectations in Russia will decrease as society becomes convinc that 4% inflation is a realistic goal.

We are strengthening the protection

of banknotes from the effects of harmful microorganisms

During the large-scale update

of paper money, banknotes of each denomination will receive their own unique serial number. The modifi banknotes will be slightly different in color from agb directory their precessors, and small 10- and 50-ruble banknotes will be “varnish” to extend their circulation period.

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