Home  Journals  Finance and Credit  42(570) - 2013 November

Role of domestic financial market in process of internationalization of monetary functions of Russian ruble

Available online: 30 November 2013

Subject Heading: INTERNATIONAL FINANCE

JEL Classification: 

In the article it is noted that increase of the international status of Russian ruble can happen on the basis of the certain preconditions as one of which existence in the country of the advanced financial market acts. On the basis of the comparative analysis of separate indicators of a current state domestic and the financial markets of the USA, the Eurozone, Great Britain and Japan the conclusion is drawn that the reached level of development of the Russian segment of the world financial market concedes existing at issuers of world currencies to indicators that limits possibilities of internationalization of monetary functions of ruble.

Keywords: world currency, financial market, equity market, market of debt papers, banking system

View all articles of issue

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

Journal current issue

Vol. 30, Iss. 4 April 2024

Archive