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Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, told ”FederalPress” how Russians can intelligently allocate their finances under the European sanctions and the conflict between Russia and Ukraine.

The Central Bank has taken exceptional measures to support the ruble amid sanctions against Russia for the military operation in Ukraine. The key rate soared to 20%. Now 80% of exporters' foreign currency proceeds are subject to compulsory sale on the exchange. Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, told MK about the prospects for the ruble exchange rate in a tense geopolitical situation.

Sergei Sinelnikov-Murylev, Rector of Russian Trade Academy (VAVT) of the Ministry of economic development of the Russian Federation, Academic director of the Gaidar Institute, said in a commentary to TASS that in response to sanctions imposed by the West on imports of semiconductors to Russia, Moscow can reorient to Asian suppliers.

The escalation of relations between Russia and Ukraine could result in further growth in global food prices, which are already close to multi-year highs, Reuters reported, citing analysts and traders. Natalya Shagaida, Head of Agrarian Department of the Gaidar Institute, told “Agroinvestor” that any aggravation causes a spike in prices.

Food inflation has reached double-digit levels and continues to gain momentum. Prices in retail chains are rising so fast that the official statistics seem understated to many people. Natalya Shagaida, Head of Agrarian Department of the Gaidar Institute, told the “Profile” weekly magazine whether the growth will continue and which food products are likely to become more expensive this year.

Sergey Zubov, Senior researcher, Financial Studies Department of the Gaidar Institute, told ”Nezavisimaya gazeta” that households will save loans by 2026 for the higher amount vs the overall volume of deposits.

According to “Ura.ru”, President Vladimir Putin took the initiative to move away from an active dependence on oil and gas. This topic will become one of the principal in preparation for the annual address, which will take place tentatively in March. According to Ilya Sokolov, a Leading researcher of the Gaidar Institute, the growth of non-oil and gas revenues protects the country from economic crises and makes it possible to fulfill social obligations.

Sergey Tsukhlo, Head of Business Surveys Department of the Gaidar Institute, told ”Nezavisimaya Gazeta”about factors restricting the industrial investment optimism in early 2022.

Alexander Deryugin, Researcher of the Budget Policy Department of the Gaidar Institute, discussed the reduction of income tax payments to regional budgets by the owners of the offshore companies in the author’s column for ”Davydov. Index.”

”Nezavisimaya gazeta”reported that in the context of the energy transition and sanctions, Russia faces more difficulties in the foreign markets: the competition is not only in prices and quality, but also in environmental and political costs. According to Alexander Knobel, Head of International Trade Department of the Gaidar Institute, sanctions can have a negative impact both through the ban on imports of Russian products to other countries and through restrictions on supplies of necessary components to Russia.

Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, commented to RBC on the Rosstat data related to growth of real disposable incomes of Russians by 3.1% in 2021.

In recent years, there has been an expansion in the line of nicotine-containing products (NCPs) with the primary goal to offer smokers potentially less risky nicotine consumption options compared to cigarettes.

”Davydov.Index” cites the opinion of Alexander Deryugin, a Researcher at the Gaidar Institute's Budget Policy Department, that Russian exports will grow by 45.7% in 2021.

Natalia Shagaida, Head of Agrarian Department of the Gaidar Institute, spoke in the new issue of “Dengi. Pryamaya linia” in the “Dozhd” channel about food inflation in Russia and the factors influencing the rise in prices for foodstuffs produced domestically, as well as about the issue of the Russian potatoes.

”Nezavisimaya gazeta” published comments by Sergey Tsukhlo, Head of Business Surveys Department of the Gaidar Institute, on the results of studies recording a sharp surge in the share of companies feeling a problem associated with the ruble weakening.