Krasnoyarsk, Krasnoyarsk, Russian Federation
Krasnoyarsk, Russian Federation
Krasnoyarsk, Russian Federation
The uneven distribution of money supply between economic sectors dominated by households and significant role of non-financial organizations has been identified, which indicates the need to improve financial intermediation. The analysis showed a decrease in foreign currency deposits, indicating strengthening of the ruble exchange rate and increase of confidence in the national currency. The growth of the money supply and the increase in the level of monetization have been identified, combined with a reduction in the rate of circulation of money and the maintenance of high inflation at higher rates. The effectiveness of the banking system through the monetary multiplier has been evaluated and the need to balance the money supply with economic needs has been identified, while the anti-inflation measures are not effective.
monetary aggregates, currency circulation, monetary multiplier, inflation, key rate
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