00:0010 октября 199700:00
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00:0010 октября 1997
The lowering of the refinancing rate beginning October 6 from 24% to 21% has virtually had no influence on the conduct of the MBK (International Bank Credit) market according to bank directors. According to these directors, the guide line for instituting
<BR>The lowering of the refinancing rate beginning October 6 from 24% to 21% has virtually had no influence on the conduct of the MBK (International Bank Credit) market according to bank directors. According to these directors, the guide line for instituting the next rate of ruble credit is the volume of available means on the market. This indicator will change in relationship to the profitability of other segments of the money market, in part the market of government bonds and the foreign currency market. Different microeconomic factors will also influence the indicator. The level of the rate plays a role only when the MBK rate is higher than the reconstruction rate by more than 3%.
