Russian Central Bank spent $58 billion backing Ruble (Update1)
[Skip to the end] Russian Central Bank Spent $58 Billion Backing Ruble (Update1) By Alex Nicholson and Maria Levitov Nov. 19 (Bloomberg) — Russia’s central
November 19, 2008
[Skip to the end] Russian Central Bank Spent $58 Billion Backing Ruble (Update1) By Alex Nicholson and Maria Levitov Nov. 19 (Bloomberg) — Russia’s central
While relatively small, investing in pensions vs. ‘spending’ reduces aggregate demand. And ‘liquidity’ for the banking sector can readily be increased independently of these funds