Sanctions and the Exchange Rate

Oleg Itskhoki; Dmitry Mukhin

doi:10.1007/s10272-022-1050-9

Intereconomics (Jun 2022)

Sanctions and the Exchange Rate

Oleg Itskhoki,
Dmitry Mukhin

Affiliations

Oleg Itskhoki: Department of Economics, University of California
Dmitry Mukhin: Department of Economics, London School of Economics

DOI: https://doi.org/10.1007/s10272-022-1050-9
Journal volume & issue: Vol. 57, no. 3
pp. 148 – 151

Abstract

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Abstract 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.

Published in Intereconomics

ISSN: 0020-5346 (Print); 1613-964X (Online)
Publisher: Sciendo
Country of publisher: Poland
LCC subjects: Social Sciences: Economic theory. Demography; Social Sciences: Social history and conditions. Social problems. Social reform
Website: https://sciendo.com/journal/IE

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