The Payments System and its Effectson Monetary Operations : Recent Experience in the Russian Federation

Recent Experience in the Russian Federation

The Payments System and its Effectson Monetary Operations : Recent Experience in the Russian Federation
Recent developments and reforms in the Russian payments system are discussed from the perspective of their impact on monetary policy. The large and highly variable payment float in the balance sheet of the Central Bank of Russia has complicated the conduct of monetary policy. However, reforms in late 1992 and early 1993 have been effective, as... READ MORE...

Publication date: November 1994
ISBN 9781451855425
$15.00

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