exchange rate

Introduction. Monetary and exchange rate policy of the Central Bank of Russia has a decisive influence on the dynamics of the macroeconomic situation. Theoretical analysis. State, the device performs the impact on the economy taking into account their own specific interests, whose main aim is the growth of the resources of the state budget. Monetary policy the Central Bank provides the first replenishment of the resources of the state budget.

Introduction. National currency exchange rate change can lead to a change in prices for both imported and domestic goods. Therefore, the growth of inflation observed in 2014–2015, accompanied by the ruble depreciation, rises the question: what role did currency shocks play in this? The study is devoted to assessing the pass-through in Russia. Theoretical analysis. There are direct and indirect channels of pass-through influence in literature.

Introduction. The article examines the spatial heterogeneity and factors of the exchange rate pass-through effect in consumer prices in Russian regions. Two hypotheses are tested. The first hypothesis is that there are differences in the magnitude of the passthrough between the Russian regions, the second is the significant influence of spatial relationships between regions on the magnitude of the pass-through effect. Theoretical analysis.