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Finance and Credit
 

Improving the mechanisms of ruble functioning as regional reserve currency

Vol. 19, Iss. 5, FEBRUARY 2013

Available online: 11 February 2013

Subject Heading: THEORY OF MONEY

JEL Classification: 

Mishchenko S.V. PhD in Economics, Associate Professor, Department "Finance", The University of ?anking of the National ?ank, Ukraine
s-mischenko@mail.ru

In the article the conditions of Russian ruble as currencies of interstate calculations in CIS countries and regional reserve currency are investigated, and positive and negative sides of its use for subjects of foreign economic activity and the central banks of the countries - participants of a ruble currency zone are defined.

Keywords: Russian ruble, regional reserved currency, currency zone, official reserved assets, balance of payments, central bank

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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