Monetary policy and determines the effectiveness of the measures the bank of Russia to achieve the inflation target

The development of the financial market of the Russian Federation - priority direction of activity of Bank of Russia. A developed financial market helps ensure the efficiency of the channels of the transmission mechanism of monetary policy and determines the effectiveness of the measures the Bank of Russia to achieve the inflation target. Economic growth is impossible without the accessibility for businesses and organizations of all economic sectors of financial market instruments, primarily debt and equity financing, risk insurance. The closure of many external sources of funding and the reduction in prices of raw materials increase attention to domestic sources of financing. As a result, the foreground task to stimulate internal investors and create favourable conditions for their activities in the financial market.