Analysis and assessment of the impact of currency risks on the financial and economic security of the state

The article is devoted to the analysis of threats to currency security as a component of financial security of Russian Federation. Insufficient level of currency security of the country can lead to obstacles in creating conditions for economic growth; have a negative impact on the financial, tax, insurance and budgetary process of the country. Therefore, it is now a question of assessing and ensuring the appropriate level of currency security of the state. In the literature there are many concepts of exchange of security, but the most reasonable is to determine the monetary security of the state as the degree of security of the state currency funds sufficient to meet the positive balance of the balance of payments, international commitment, the accumulation of necessary volume of foreign exchange reserves, maintaining the stability of the national currency. It is investigated that today the currency security of Russian Federation is influenced by a large number of both internal and external threats, among which there are: the growth of external debt, the outflow of funds abroad, the high level of dollarization of the economy, the inefficient structure of gold and foreign exchange reserves, the imperfection of exchange rate policy, the presence of currency risks, illegal currency transactions, the intervention of international financial organizations, foreign advisers and consultants in the currency policy of Russian Federation. The article analyzes the current state of currency security of Russian Federation in terms of the need for a deeper study of it in order to solve the existing problems associated with its provision. As a result of studying this problem, the proposed measures to ensure monetary security of the country and maintain stability of the national currency, namely, providing a reliable balance of the foreign exchange market, significant growth and diversification of foreign exchange reserves of the state, improving the structure of payments and foreign trade balances, create conditions for the return from abroad of the national capital, promoting foreign direct investment, approval of an effective system of insurance against currency risks and ensure maximum transparency of public debt management.