The Report by the Central Bank of the Russian Federation (Bank of Russia) for 1999, submitted to the State Duma in accordance with the Federal Law on the Central Bank of the Russian Federation (Bank of Russia), shows in a comprehensive manner how the Bank of Russia performs its functions. The analysis of the reasons why the Bank of Russia made one or another decision and the results of its work, provided in this Report in compliance with international practice, ensures transparency in the activities of the Bank of Russia and helps increase trust in the policy it pursues.