Russia Counters Sanctions’ Impact with Currency Controls, Averts Crisis (for Now)

Jonathan Davis, Ippei Fujiwara, Kevin Huang and Jiao Wang

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: The Russian central bank responded to unprecedented sanctions with strict capital controls that have stabilized the value of its currency—the ruble.

Keywords: Currency; Capital Flows; Trade; Economic Conditions (search for similar items in EconPapers)
Date: 2022-05-31
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:94284

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