Monetary system of the Russian Federation: problems and prospects

The effectiveness of the current exchange rate mechanism in the country, the degree of intervention of the state and the international monetary and financial organizations in the functioning of foreign exchange, money markets and gold is determined by economic development. The current situation of the monetary system makes perfect and older to apply entirely new tools and methods of regulating the monetary sphere. To address these important issues require a thorough preparation with accurate promising economic calculations and complex legal regulation. To this end, developed provisions for the establishment of the ruble as a reserve currency for sustainable economic growth and a proposal to stabilize the exchange rate.