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Some Requirements for Achievement of Full Convertibility of the Ruble

https://doi.org/10.32609/0042-8736-2006-6-25-34

Abstract

The problems of when and how the ruble will become a fully convertible currency are analyzed in the article. Some requirements for achievement of its full convertibility must be fulfilled. Firstly, the ruble should become a currency of payments for Russian exports of oil and natural gas. Secondly, all restrictions on currency operations have to be abolished.

About the Author

G. Fetisov
Lomonosov Moscow State University
Russian Federation


References

1. Масленников А. Конвертируемость рубля: опыт и перспективы // Деньги и кредит. 2004. № 1.

2. Навой А. Введение полной конвертируемости национальной валюты: проблемы теории и практики // Вопросы экономики. 2005. № 3. С. 61-71.

3. Навой А. Предпосылки конвертируемости рубля // Экономист. 2004. № 11.

4. Наговицин А. Г. Конвертируемость российского рубля: проблемы и перспективы // Финансы. 1995. № 6.

5. The International Monetary Fund, 1945-1965: Twenty Years of International Cooperation. Vol. III: Documents. Edited by J. K. Horsefield. Washington, DC, 1969.


Review

For citations:


Fetisov G. Some Requirements for Achievement of Full Convertibility of the Ruble. Voprosy Ekonomiki. 2006;(6):25-34. (In Russ.) https://doi.org/10.32609/0042-8736-2006-6-25-34

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ISSN 0042-8736 (Print)