ASSESSMENT OF THE STATE OF THE EXCHANGE RATE OF RUBLE
Abstract
The aim of the article is the assessment of the state of the exchange rate of ruble, identification of factors affecting the exchange rate of ruble under current conditions (economic sanctions, oil price, inflation, balance of payments). The paper marks out and discusses economic and political factors that form the exchange rate. The dynamics of the exchange of the Russian ruble and US dollar in December 2014 and January 2015 is considered, because the most significant changes in the exchange rates happened at that time and the Bank of Russia intervened in the foreign-exchange market extensively. Inflation is one of the significant factors affecting the state of the national currency rate. The article considers historical and modern features of the inflation manifest in Russia. The authors gradually consider the development of the inflation process in Russia, main reasons of the inflation: price liberalization, economic restructuring, fall in oil prices etc. Conclusions are drawn and recommendations are made.
About the Authors
G. M. TarasovaRussian Federation
Doctor of Economics, Professor, Head of the Chair of Banking
A. I. Shmyreva
Russian Federation
Doctor of Economics, Professor, Chair of Banking
References
1. Beljavcev A.N., Shmyrjova A.I. K ocenke kreditnogo mehanizma vneshnejekonomicheskih operacij // Vestnik NGUJeU. 2012. № 1. P. 298–303.
2. Ibadov Je.S., Shmyrjova A.I. Nekotorye aspekty dejatel’nosti islamskih bankov // Idei i idealy. 2013. № 3. P. 73–77.
3. Krasavina L.N. Regulirovanie infljacii: mirovoj opyt i rossijskaja praktika. M.: Finansy i statistika, 2009. 280 p.
4. Tarasova G.M. Analiz teoreticheskih podhodov k formirovaniju i realizacii denezhnokreditnoj politiki v stranah mira // Vestnik NGUJeU. 2012. № 3. P. 78–82.
5. Tarasova G.M. Bankovskoe delo v Rossii: ucheb. posobie. Novosibirsk: SibAGS, 2001. 169 p.
6. Tarasova G.M., Jenhtujaa T. Sravnitel’naja harakteristika denezhno-kreditnoj politiki central’nyh bankov Mongolii i Rossii // Finansovaja analitika: problemy i reshenija. 2013. № 27. P. 6–12.
7. Shmyreva A.I. Nekotorye aspekty funkcionirovanija mirovoj valjutnoj sistemy // Vestnik NGUJeU. 2012. № 2. P. 212–216.
8. Jezroh Ju.S. «Krymskij krizis». Valjutno-finansovyj aspekt // Obshhestvo i jekonomika. 2014. № 4. P. 42-67. 9. www.cbr.ru.
Review
For citations:
Tarasova G.M., Shmyreva A.I. ASSESSMENT OF THE STATE OF THE EXCHANGE RATE OF RUBLE. Vestnik NSUEM. 2015;(2):187-191. (In Russ.)