Template-Type: ReDIF-Article 1.0
Author-Name: Igor A. Yakovlev
Author-Email: yakovlev@nifi.ru
Author-Workplace-Name: Financial Research Institute, Moscow, Russia
Author-Name: Kristina V. Shvandar
Author-Email: Shvandar@nifi.ru
Author-Workplace-Name: Financial Research Institute, Moscow, Russia
Title: Floating Exchange Rate in Transition Economies
Abstract: Russia’s transition to a floating exchange rate in the end of 2014 made people to face a lot of new issues. One of the most important is the question of the expediency and the timeliness of the switch to the new exchange rate regime made by the Bank of Russia. The authors in this article on the basis of the existing literature analysis, international statistics and the Russian economy statistics data come to the conclusion that the transition did not bring Russia’s economy any expected benefits.
Classification-JEL:
Keywords: exchange rate regime, the foreign exchange market, macroeconomic indicators, competitiveness of oil exporters’ economies
Journal: Finansovyj žhurnal — Financial Journal
Pages: 103-112
Issue: 5
Year: 2015
Month: October
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2015/5/stastyi/09.pdf
File-Format: Application/pdf 
Handle: RePEc:fru:finjrn:150509:p:103-112