Page 9

Banking sector foreign assets and liabilities ď ą ď ą

Before the crisis foreign liabilities exceeded foreign assets BoR interventions during the period of gradual devaluation allowed the banking sector to eliminate its foreign A&L mismatch by the end of 2008 230 210

170 150 130 110

Foreign assets

Foreign liabilities

05.2012

03.2012

01.2012

11.2011

09.2011

07.2011

05.2011

03.2011

01.2011

11.2010

09.2010

07.2010

05.2010

03.2010

01.2010

11.2009

09.2009

07.2009

05.2009

03.2009

01.2009

11.2008

09.2008

07.2008

05.2008

03.2008

90 01.2008

bln. USD

190

9

Monetary Policy in the Environment of Recovery: Russian Experience  

Alexander Kashturov's presentation at "Economies of Baltic Sea Regions and Their Capital Markets: A Sustainable Recovery?"

Monetary Policy in the Environment of Recovery: Russian Experience  

Alexander Kashturov's presentation at "Economies of Baltic Sea Regions and Their Capital Markets: A Sustainable Recovery?"