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Sanctions and the exchange rate

Itskhoki, Oleg and Mukhin, Dmitry (2022) Sanctions and the exchange rate. Intereconomics, 57 (3). 148 - 151. ISSN 0020-5346

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Identification Number: 10.1007/s10272-022-1050-9


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.

Item Type: Article
Official URL:
Additional Information: © 2022 The Authors
Divisions: Economics
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HF Commerce
JEL classification: F - International Economics > F5 - International Relations and International Political Economy > F51 - International Conflicts; Negotiations; Sanctions
F - International Economics > F3 - International Finance > F31 - Foreign Exchange
F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F41 - Open Economy Macroeconomics
Date Deposited: 14 Jul 2022 16:36
Last Modified: 20 Jul 2024 02:33

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