Subject. The article discusses the financial stability of Russia. Objectives. The study aims to characterize the financial stability of Russia. Methods. The research is based on the application of general scientific and special economic and mathematical methods. Results. The study revealed that the financial stability of Russia is associated with the forced growth of money supply due to the need to increase credit resources and expand the debt market. The role of financial institutions is increasing and new mechanisms for risk redistribution are emerging. The high volatility of inflation and the key interest rate make traditional monetary policy instruments less effective. The periodic budget deficit and difficulties in implementing the monetary policy of the Bank of Russia are largely caused by unprecedented sanctions pressure. The Bank of Russia actively regulates the financial system, maintaining the financial stability of the Russian economy by providing liquidity (increasing the money supply) and changing the key interest rate. The Bank of Russia's policy is aimed at minimizing the consequences of unprecedented sanctions pressure and ensuring the banking sector stability. At the same time, the international aspect remains a key driver of asset growth and additional protection against domestic economic fluctuations. Conclusions. The study directs the monetary authorities to effective implementation of monetary and debt policy in modern Russia through an integrated approach to financial resource management, consideration of internal and external environment, active participation in global processes to minimize negative effects of unprecedented sanctions pressure and maintain sustainable economic growth.
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