EXCHANGE RATE OF THE RUBLE: STATUS, TRENDS
Yu.S. Moroz
Novosibirsk State University of Economics and Management, Novosibirsk, Russian Federation
Keywords: exchange rate, factors influencing the exchange rate, inflation
Abstract
The purpose is to determine the state of the ruble exchange rate, to identify the main factors affecting changes in the Russian ruble exchange rate in modern conditions. The opinions of domestic authors on the factors affecting the ruble exchange rate (balance of payments, inflation, oil price, coronavirus pandemic, unemployment) are considered. Among the most significant factors affecting the ruble exchange rate is the price of oil. The article studies the dynamics of the impact on the national currency rate of oil prices. Conclusions are made.
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