Sanctions and the exchange rate

Itskhoki, O. & Mukhin, D.ORCID logo (2022). Sanctions and the exchange rate. Intereconomics, 57(3), 148 - 151. https://doi.org/10.1007/s10272-022-1050-9
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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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