Template-Type: ReDIF-Article 1.0 Author-Name:Alexandra Bozhechkova Author-Name-First:Alexandra Author-Name-Last: Bozhechkova Author-Workplace-Name: Gaidar Institute for Economic Policy Title: INFLATION AND MONETARY POLICY IN SEPTEMBER 2014 Abstract: The consumer price index stood at 0.7% in October 2014 (0.2% in September 2013), 0.5 p.p. higher than the value observed in August this year. Therefore, inflation increased to 8.0% on an annualized basis. The consumer price index reached 0.7% within the fi rst 20 days of October. On September 20 the Bank of Russia for the fi rst time provided commercial banks with $581,4m of foreign currency through foreign exchange swap operations. The operations are intended to increase commercial banks’ capability to manage their short-term foreign exchange liquidity. Classification-JEL: P24, E52 Keywords: INFLATION AND MONETARY POLICY Journal: Russian Economic Developments Year: 2014 Issue: 11 Month: November Pages: 6-9 File-URL: http://www.iep.ru/files/RePEc/gai/recdev/407Bozhechkova.pdf File-Format: Application/pdf Handle: RePEc:gai:recdev:407