MOSCOW, May 15 (Reuters) - Artificially depressing the rouble would create competitive advantages but at the expense of people's living standards, analysts at the Russian central bank said in a research report published on Monday.
The views of the analysts do not necessarily reflect the official position of the central bank, but the research comes at a time when some government officials are expressing concern about the strength of the rouble.
The central bank analysts also wrote in their report that a weaker rouble would erode imports which play an important role in domestic capital investment.
The central bank introduced a floating exchange rate regime in 2014.
It started buying foreign currency for the country's fiscal buffers in February on behalf of the finance ministry, but has not carried out interventions for its forex reserves since 2015.
Some economists believe the central bank could start topping up its forex reserves, a long-held goal, once it succeeds in bringing inflation down to 4 percent. (Reporting by Alexander Winning; Editing by Andrew Osborn)