Template-Type: ReDIF-Article 1.0
Author-Name: Nadezhda A. Smirnova
Author-Email: n.a.smirnova.1976@mail.ru
Author-Workplace-Name: Russian-British Institute of Management
Title: Development of the Formation Mechanism of the Russian Ruble Exchange Rate
Abstract: The article  presents  the  description  of  the  main  stages  of  formation  of  the  Russian  ruble exchange  rate  for  1992–2015  years,  reflects  the  specificity  of  application  in  different modes  of  the  ruble  rate,  shows  the  dynamics  in  changing  of  its  course.  The  relevance  of the study is accounted for the fact that timely and effective management of the exchange rate  mechanism,  not  only  stabilizes  the  course  of  the  currency,  but  also  has  a  direct positive impact on the domestic economy as a whole. The article also describes the current changes in the mechanism of formation of the exchange rate and their possible economic consequences.
Classification-JEL:
Keywords: exchange rate, foreign exchange intervention, exchange rate regime, currency corridor, fixed rate, floating exchange rate
Journal: Finansovyj žhurnal — Financial Journal
Pages: 59-66
Issue: 6
Year: 2015
Month: December
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2015/6/statyi/fm_2015_6___06.pdf
File-Format: Application/pdf 
Handle: RePEc:fru:finjrn:150606:p:59-66