Using Russian Ruble in International Transactions

The article deals with topical issues in international relations of the Russian Federation on the basis of the increased use of the ruble as the currency contracts and payments. The work shows the coordinated support of economic actors, public institutions of countries-partners. Collaborate with int...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autor principal:	I. Z. Yarygina
Formato:	article
Lenguaje:	EN RU
Publicado:	MGIMO University Press 2014
Materias:	ruble international cooperation business country currency International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/a967dc0fe8914778b425035df44be3a1
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:a967dc0fe8914778b425035df44be3a1
record_format	dspace
spelling	oai:doaj.org-article:a967dc0fe8914778b425035df44be3a12021-11-23T14:50:56ZUsing Russian Ruble in International Transactions2071-81602541-909910.24833/2071-8160-2014-1-34-141-145https://doaj.org/article/a967dc0fe8914778b425035df44be3a12014-02-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/20https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099The article deals with topical issues in international relations of the Russian Federation on the basis of the increased use of the ruble as the currency contracts and payments. The work shows the coordinated support of economic actors, public institutions of countries-partners. Collaborate with international teams, according to the author of the article, the implementation of economic programs of mutual interest and reinforces the trend of creating a multipolar world. The analysis of problems of development cooperation partners countries in the monetary sphere and shows that the main causes hindering greater use of domestic currencies are: hard currency regulation; a rare use of letters of credit and guarantees, which increases the financial risk operations; significant transaction costs; asymmetrical measures, currency regulation, burdening the mutual interests of the parties. To expand the use of the ruble in international relations author offers take into account a number of factors, including the need for a priority international currency contracts to perform the basic functions of money abroad is a measure of the value, means of payment and means of hoarding. The author's position is presented about the prospects of State institutional policy. In particular, the conclusion: the experience of Bulgaria, Romania, Albania has shown that the main task of the departments responsible for implementing the monetary policy should be the containment of inflationary pressures associated, including overdue contributions to the budget. A key priority in such circumstances is to support solvent and transparent banking systems, which are the basis for international cooperation.I. Z. YaryginaMGIMO University Pressarticlerubleinternational cooperationbusiness countrycurrencyInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 0, Iss 1(34), Pp 141-145 (2014)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	ruble international cooperation business country currency International relations JZ2-6530
spellingShingle	ruble international cooperation business country currency International relations JZ2-6530 I. Z. Yarygina Using Russian Ruble in International Transactions
description	The article deals with topical issues in international relations of the Russian Federation on the basis of the increased use of the ruble as the currency contracts and payments. The work shows the coordinated support of economic actors, public institutions of countries-partners. Collaborate with international teams, according to the author of the article, the implementation of economic programs of mutual interest and reinforces the trend of creating a multipolar world. The analysis of problems of development cooperation partners countries in the monetary sphere and shows that the main causes hindering greater use of domestic currencies are: hard currency regulation; a rare use of letters of credit and guarantees, which increases the financial risk operations; significant transaction costs; asymmetrical measures, currency regulation, burdening the mutual interests of the parties. To expand the use of the ruble in international relations author offers take into account a number of factors, including the need for a priority international currency contracts to perform the basic functions of money abroad is a measure of the value, means of payment and means of hoarding. The author's position is presented about the prospects of State institutional policy. In particular, the conclusion: the experience of Bulgaria, Romania, Albania has shown that the main task of the departments responsible for implementing the monetary policy should be the containment of inflationary pressures associated, including overdue contributions to the budget. A key priority in such circumstances is to support solvent and transparent banking systems, which are the basis for international cooperation.
format	article
author	I. Z. Yarygina
author_facet	I. Z. Yarygina
author_sort	I. Z. Yarygina
title	Using Russian Ruble in International Transactions
title_short	Using Russian Ruble in International Transactions
title_full	Using Russian Ruble in International Transactions
title_fullStr	Using Russian Ruble in International Transactions
title_full_unstemmed	Using Russian Ruble in International Transactions
title_sort	using russian ruble in international transactions
publisher	MGIMO University Press
publishDate	2014
url	https://doaj.org/article/a967dc0fe8914778b425035df44be3a1
work_keys_str_mv	AT izyarygina usingrussianrubleininternationaltransactions
_version_	1718416348419194880

Using Russian Ruble in International Transactions

Ejemplares similares