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Analysis of the Behavior of Banks and Companies in the Conditions of Exchange Volatility in Russia
[Анализ Поведения Банков И Компаний В Условиях Курсовой Волатильности В России]

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  • Bozhechkova, Alexandra (Божечкова, Александра)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Ivanov, Evgeny (Иванов, Евгений)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Orekhov, Mikhail (Орехов, Михаил)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Trunin, Pavel (Трунин, Павел)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Chembulatova, Maria (Чембулатова, Мария)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Yakovleva, Anna (Яковлева, Анна)

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

In this paper we study the mechanisms and estimate the influence of exchange rate volatility on key performance indicators of financial and non-financial companies. Exchange rate volatility, being both a consequence and an indicator of uncertainty, accompanied by risks to macroeconomic stability and increased volatility of other macroeconomic indicators, has a significant impact on the performance of Russian banks and companies. Taking into account the unstable situation on the Russian foreign exchange market in 2020, the uncertainty of further prospects for the development of the world economy, imbalances in the oil market, geopolitical factors, the further development of the market for derivatives in Russia is of particular importance in order to provide affordable opportunities for hedging foreign exchange risks by economic agents.

Suggested Citation

  • Bozhechkova, Alexandra (Божечкова, Александра) & Ivanov, Evgeny (Иванов, Евгений) & Orekhov, Mikhail (Орехов, Михаил) & Trunin, Pavel (Трунин, Павел) & Chembulatova, Maria (Чембулатова, Мария) & Yakov, 2021. "Analysis of the Behavior of Banks and Companies in the Conditions of Exchange Volatility in Russia [Анализ Поведения Банков И Компаний В Условиях Курсовой Волатильности В России]," Working Papers w20220176, Russian Presidential Academy of National Economy and Public Administration.
    • Handle: RePEc:rnp:wpaper:w20220176
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