voprecotestВопросы экономикиVoprosy Ekonomiki0042-8736Voprosy Ekonomiki, NP10.32609/0042-8736-2017-6-94-113voprecotest-314Research ArticleРОССИЯ И МИРОВАЯ ЭКОНОМИКАRUSSIA AND THE WORLD ECONOMYРубль как валюта международных расчетов: проблемы и перспективыRuble as a currency for internationalsettlements: Problems and prospectsГавриловН. В.GavrilovN.

член совета директоров ОАО «Российская промышленная коллегия» (Москва)

noemail@neicon.ruПрилепскийИ. В.PrilepskiyI.

к. ф.-м. н., руководитель направления «Международная экономика» Экономической экспертной группы, с. н. с. Научно-исследовательского финансового института (Москва)

iprilepskiy@eeg.ruОАО «Российская промышленная коллегия»РоссияJSC “Russian Industrial Collegium”Russian FederationЭкономическая экспертная группа; Научно-исследовательский финансовый институтРоссияEconomic Expert Group; Financial Research InstituteRussian Federation2017200620170694113Copyright © Voprosy Ekonomiki, NP, 20172017Voprosy Ekonomiki, NPVoprosy Ekonomiki, NPhttps://www.vopreco.ru/jour/about/submissions#copyrightNoticehttps://www.vopreco.ru/jour/article/view/314

В работе изучается изменение международной роли рубля в последние годы. Установлено, что, хотя доля рублевых расчетов во внешней торговле РФ и номинальный объем операций c рублем на валютных рынках выросли, позиции рубля в мировой валютной системе в целом ухудшились. Анализ факторов выбора валюты расчетов и опыта других стран показывает, что для повышения роли рубля в будущем властям РФ необходимо, с одной стороны, обеспечивать макроэкономическую стабильность и содействовать диверсификации экономики, а с другой - принимать специальные меры по развитию расчетных систем, улучшению инфраструктуры финансовых рынков, расширению внешнеторгового кредитования в рублях и гарантий по таким кредитам.

The article studies recent trends in the international role of the ruble. It is demonstrated that, despite the rise in the share of ruble settlements in Russian foreign trade, as well as in nominal value of ruble transactions in foreign exchange markets, ruble’s position in the global currency system has generally deteriorated. The analysis of factors behind choice of settlement currency, as well as of country cases, shows that, for ruble’s role to rise in the future, Russian authorities need to, on the one hand, ensure macroeconomic stability and promote economic diversification; on the other hand, take special measures to develop settlement systems, enhance financial market infrastructure, expand the volume of trade finance and trade credit insurance denominated in rubles.

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The authors declare that there are no conflicts of interest present.