Analysis of exchange control on the example of the Chelyabinsk region

Throughout foreign exchange circulation on the territory of the Russian Federation the government carries out a special inspection, the purpose of which is to ensure the rule of law at foreign-exchange transactions and preventing the export of national currency abroad. In economy the most important and unmanageable issues are the problems of non-return of currency earnings to the Russian Federation from exports of goods and services by domestic enterprises and organizations, as well as transfer of exchange without products and trades under the fictitious import contracts. The necessity of state regulation of monetary relations is determined by the need to protect and ensure the stability of the national currency and to achieve its convertibility; as well as to stop the flight of capital abroad; to provide foreign currency from abroad on foreign economic transactions; to stimulate the development of domestic foreign currency market for economic capacity, and enhancing the role of the Russian Federation in the system of international relations. Effective economic mechanism of currency regulation should ensure the priority of the circulation of the national currency of the Russian Federation in relation to the currencies of foreign countries in Russia, increasing the convertibility of the ruble initially on the domestic foreign exchange market and then foreign exchange markets. At present in connection with sustainable economic growth and improvement of the balance of payments of the country the system of currency regulation is undergoing significant changes aimed at liberalizing provision of foreign exchange regulation, while strengthening currency control, including accounting and reporting of currency transactions. The impact of the processes has an impact on the system of exchange control. Data analysis of violations of the currency legislation on the territory of the Chelyabinsk region and dynamics of indicators for the last three years are presented in the proposed material.