BSU Scientists Research AZN/RUB and USD/RUB Rates Amid Escalating Sanctions Against Russia

15/04/2024

A scientific paper titled ‘On the Assessment of the Long-Term Relationship between the AZN/RUB and USD/RUB Rates against the Backdrop of Increasing Sanctions against Russia’ by Professor Elshara Orujova, Head of the Department of Mathematical Economics, Faculty of International Relations and Economics, Baku State University (BSU) and Associated Professor Leyla Mamedova was published in the «Studies on Russian Economic Development» Journal, indexed in the SCOPUS database.

https://ecfor.ru/publication/vzaimosvyaz-kursov-valyut-rossii-i-azerbajdzhana-na-fone-sanktsij/

https://link.springer.com/article/10.1134/S1075700724020114

The article examines the mutual influence of the AZN/RUB and USD/RUB exchange rates against the backdrop of increasing sanctions against Russia in the period from January 2, 2023, to September 6, 2023, (five-day indicators, 178 observations) using the error correction mechanism (ECM) and autoregressive distributed lag (ARDL) models taking into account structural shifts.

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