Sanctions and the Exchange Rate
Abstract Stabilising the exchange rate allows the Russian government to anchor inflation expectations and support consumption but comes at the cost of the financial repression of domestic savers.
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Main Authors: | Oleg Itskhoki, Dmitry Mukhin |
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Format: | Article |
Language: | English |
Published: |
Springer
2022-06-01
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Series: | Intereconomics |
Online Access: | https://doi.org/10.1007/s10272-022-1050-9 |
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