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 lat...

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Autor corporatiu: International Monetary Fund
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1994.
Col·lecció:IMF Working Papers; Working Paper ; No. 1994/133
Accés en línia:Full text available on IMF