APOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015)
During 25 years of existence and development of market economy in Russia the algorithm of forming the currency rate, which is adequate to economic situation in the country has not been designed. The ruble rate to world reserve currencies controlled by Russian administration always has certain signs...
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| Format: | Article |
| Language: | Russian |
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Plekhanov Russian University of Economics
2017-09-01
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| Series: | Вестник Российского экономического университета имени Г. В. Плеханова |
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| Online Access: | https://vest.rea.ru/jour/article/view/109 |
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| _version_ | 1849693402685243392 |
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| author | Vladimir P. Semenov Yuriy P. Soloviev |
| author_facet | Vladimir P. Semenov Yuriy P. Soloviev |
| author_sort | Vladimir P. Semenov |
| collection | DOAJ |
| description | During 25 years of existence and development of market economy in Russia the algorithm of forming the currency rate, which is adequate to economic situation in the country has not been designed. The ruble rate to world reserve currencies controlled by Russian administration always has certain signs of voluntarism and is fixed without due regard to the ruble inflation rate. Finally, it led to tough currency and finance crises (1998, 2008, 2014). The article identifies factors affecting formation of currency rate of the ruble and investigates policy of monetary powers for the last 25 years. Forecasts of currency rate of the ruble are offered. |
| format | Article |
| id | doaj-art-3e0d2cfe9bf8468eb9861332bec65063 |
| institution | DOAJ |
| issn | 2413-2829 2587-9251 |
| language | Russian |
| publishDate | 2017-09-01 |
| publisher | Plekhanov Russian University of Economics |
| record_format | Article |
| series | Вестник Российского экономического университета имени Г. В. Плеханова |
| spelling | doaj-art-3e0d2cfe9bf8468eb9861332bec650632025-08-20T03:20:26ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512017-09-010612914010.21686/2413-2829-2015-6-129-140108APOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015)Vladimir P. Semenov0Yuriy P. Soloviev1Plekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsDuring 25 years of existence and development of market economy in Russia the algorithm of forming the currency rate, which is adequate to economic situation in the country has not been designed. The ruble rate to world reserve currencies controlled by Russian administration always has certain signs of voluntarism and is fixed without due regard to the ruble inflation rate. Finally, it led to tough currency and finance crises (1998, 2008, 2014). The article identifies factors affecting formation of currency rate of the ruble and investigates policy of monetary powers for the last 25 years. Forecasts of currency rate of the ruble are offered.https://vest.rea.ru/jour/article/view/109currency rate of the rubleinflationthe central bank |
| spellingShingle | Vladimir P. Semenov Yuriy P. Soloviev APOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015) Вестник Российского экономического университета имени Г. В. Плеханова currency rate of the ruble inflation the central bank |
| title | APOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015) |
| title_full | APOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015) |
| title_fullStr | APOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015) |
| title_full_unstemmed | APOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015) |
| title_short | APOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015) |
| title_sort | apology of the russian national currency rate 1992 2015 |
| topic | currency rate of the ruble inflation the central bank |
| url | https://vest.rea.ru/jour/article/view/109 |
| work_keys_str_mv | AT vladimirpsemenov apologyoftherussiannationalcurrencyrate19922015 AT yuriypsoloviev apologyoftherussiannationalcurrencyrate19922015 |