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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Plekhanov Russian University of Economics
2017
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oai:doaj.org-article:3e0d2cfe9bf8468eb9861332bec650632021-11-15T05:20:43ZAPOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015)2413-28292587-925110.21686/2413-2829-2015-6-129-140https://doaj.org/article/3e0d2cfe9bf8468eb9861332bec650632017-09-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/109https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251During 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.Vladimir P. SemenovYuriy P. SolovievPlekhanov Russian University of Economicsarticlecurrency rate of the rubleinflationthe central bankEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 6, Pp 129-140 (2017) |
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DOAJ |
| collection |
DOAJ |
| language |
RU |
| topic |
currency rate of the ruble inflation the central bank Economics as a science HB71-74 |
| spellingShingle |
currency rate of the ruble inflation the central bank Economics as a science HB71-74 Vladimir P. Semenov Yuriy P. Soloviev APOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015) |
| 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 |
| author |
Vladimir P. Semenov Yuriy P. Soloviev |
| author_facet |
Vladimir P. Semenov Yuriy P. Soloviev |
| author_sort |
Vladimir P. Semenov |
| title |
APOLOGY OF THE RUSSIAN NATIONAL CURRENCY RATE (1992–2015) |
| title_short |
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_sort |
apology of the russian national currency rate (1992–2015) |
| publisher |
Plekhanov Russian University of Economics |
| publishDate |
2017 |
| url |
https://doaj.org/article/3e0d2cfe9bf8468eb9861332bec65063 |
| work_keys_str_mv |
AT vladimirpsemenov apologyoftherussiannationalcurrencyrate19922015 AT yuriypsoloviev apologyoftherussiannationalcurrencyrate19922015 |
| _version_ |
1718428740473585664 |