Weekly report summing up the events of the past week and their impact on the short-range exchange and interest rate level. The report also contains forecasts regarding the macroeconomic indexes published in the forthcoming week. Available in the English language.

The move north in rates that has begun after last week's rate hike continued on Monday and noth 2y and 5y reached 5% mark again. However later on this move reversed and constant receiving interest prevailed. Amid worsening global sentiment the Finance Ministry successfully placed over 4bio of new 5-year benchmark PS0417. MPC members, who intended to withhold any individual comments on rates didn't quite do so and, surprisingly were quite dovish in their stance, suggesting wait-and-see attitude and expressed views on CPI coming back to target in the beginning of next year. Main