Analysis of Foreign Experience in Ensuring the Stability of the National Currency

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Abstract

This article examines the essence of ensuring the stability of the national currency in world practice both at the present stage and in the context of the historical development of foreign exchange markets. It is noted that the main criterion for the stability of the national currency is the ratio of the money supply and GDP of the country, which determines the totality of implemented currency, monetary and other policies in the financial sector of the country. The article describes the development of the problems of the formation of a stable ruble and the introduction of its various forms, including the digital ruble.

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About the authors

Evgeny V. Anishchenko

MIREA — Russian Technological University

Author for correspondence.
Email: ewgenzz@mail.ru
SPIN-code: 4085-5568

Dr. Sci. (Econ.), Associate Professor, Professor of the Department of Economic Expertise and Financial Monitoring

Russian Federation, Moscow

Yulia I. Yanushkina

MIREA — Russian Technological University

Email: Yanushkina.y.i@yandex.ru
SPIN-code: 9214-7060

Senior Lecturer at the Department of Economic Expertise and Financial Monitoring

Russian Federation, Moscow

References

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2. Fig. 1. Criteria for the stability of the national currency [3, Minakov A.V., Egorova E.V.].

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3. Fig. 2. Average annual price of Brent crude oil from 2012 to January 2024.

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