Evaluation of prospects for the development of the currency market of Russia
https://doi.org/10.34020/1993-4386-2023-1-81-87
Abstract
The article discusses the prospects for the development of the Russian foreign exchange market within the framework of international organizations and at the level of individual countries. Recommendations for the stable functioning of the Russian foreign exchange market and the development of the national economy of the country are proposed.
In modern conditions, in order to ensure the stable functioning of the foreign exchange market and foreign exchange banking systems, there is a need to revise the monetary policy of both the Central Bank of Russia and at the level of commercial banks. In view of the ongoing sanctions policy of unfriendly countries against Russian commercial banks and the economic system, it is advisable to consider the strategy of the country's economic and political development, as well as the prospect of entering the foreign exchange market of the countries of Central and East Asia.
About the Author
Yulia S. Moroz
Novosibirsk State University of Economics and Management
Russian Federation
Russian Federation
Yulia S. Moroz – Specialist of the Information Center
Novosibirsk
References
1. Kuznetsov V. S. Prospects for reform of the Jamaican system // Vestnik MGIMO-Universiteta, 2012, No. 3 (24), pp. 88–90.
2. Konduktorov A. S. Reform of the international monetary system: abandoning the dollar and a fair exchange rate, Lex Russica (Russkii zakon), 2023, Vol. 76, No. 2 (195), pp. 33–45. DOI: 10.17803/1729-5920.2023.195.2.033-045.
3. Fadeikina N. V., Pilova F. I. On the need for reorganization and transformation of the World Monetary and financial system in the context of global crisis phenomena and multipolarity, Sibirskaya finansovaya shkola, 2022, No. 4 (148), pp. 61–70. DOI: 10.34020/1993-4386-2022-4-61-70.
4. Shmyreva A. I., Moroz Yu. S. Some aspects of the regulation of exchange rates in the BRICS countries, Aktual'nye napravleniya nauchnoi mysli: problemy i perspektivy [Current directions of scientific thought: problems and prospects], Collection of materials of the VIII All-Russian scientific-practical (national) conference (Novosibirsk, December 15, 2021), Novosibirsk: Novosibirskii gosudarstvennyi universitet ekonomiki i upravleniya «NINKh», 2022, pp. 207-214.
5. Moroz Yu. S., Shmyreva A. I. Modern aspects of BRICS countries' Currency Relations, EUROPEAN RESEARCH FORUM, Collection of articles of the VI International Scientific and Practical Conference (Petrozavodsk, February 7, 2022), Petrozavodsk: Izdatel'stvo: Mezhdunarodnyi tsentr nauchnogo partnerstva “Novaya Nauka” (IP Ivanovskaya I.I.), 2022, pp. 51–55. Available at: https://www.elibrary.ru/item.asp?id=47963195.
Review
For citations:
Moroz Yu.S. Evaluation of prospects for the development of the currency market of Russia. Siberian Financial School. 2023;(1):81-87. (In Russ.) https://doi.org/10.34020/1993-4386-2023-1-81-87
Views:
467
Email this article 