Banks Finansy25-02-2009 rates made refinancing rate in Russia is at 13%. While the current crisis seems logical to demand lower rates, stimulating demand and cheaper credit. However, the high rates in Russia are designed to support the ruble. Experts called the current situation unnatural. In the U.S., the refinancing rate was actually zeroed in December last year. Currently, the European Central Bank decides whether to omit the refinancing rate: up to 1.5% or 0.5%. In Russia, it remains at 13%. Why is this difference of foreign policy and Russia's regulators? Which policy is more "correct"? Answers to these questions are sought Bigness.ru. Coordinator of research programs, Associate Professor of the International Institute of Economics and Finance School of Economics Alexei Belyanin to our question about the difference in policies of central banks said that "Russia is behaving like the most abnormal of the normal economy."
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