01629cas a2200265 a 4500 AALejournalIMF000522 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451859072 1018-5941 BD-DhAAL BD-DhAAL Balino, Tomas. Evolution of Monetary Policy Instruments in Russia / Tomas Balino, Jakob Horder, David Hoelscher. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (39 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyzes the evolution of monetary policy in Russia, focusing on the period January 1992-December 1995. Special attention is given to the role of monetary policy instruments. Initially, policy was completely dominated by flows of credit from the Central Bank of the Russian Federation (CBR) to the budget, to enterprises, and to other republics in the ruble area. Over time these flows have been reduced and indirect monetary instruments have become key elements of monetary policy implementation. Mode of access: Internet Hoelscher, David. Horder, Jakob. IMF Working Papers; Working Paper ; No. 1997/180 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/180/001.1997.issue-180-en.xml IMF e-Library