The Impact Of The Exchange Rate On The International Economy In Russia

The exchange rate has direct impact on economy of any state.Without competent management,it is impossible to achieve successful functioning of national economy,which causes the need of studying of the matter.Fluctuations of an exchange rate depend on market condition.Therefore,the exchange rate is under influence of a condition of the balance of payments,a difference of interest rates in various countries,extent of use of currency in international payments,speculative currency transactions and activity of the currency markets,inflation and many others,considered in this thesis.Possible consequences of their influence on exchange rate are specified,examples are given.Analyzed the dollar exchange rates,the euro exchange rates and the RMB exchange rates in the ruble equivalent.Ascertain their impact on the stability of the national currency and balanced functioning of the national economy.The assessment of an exchange rate of the Russian Federation is carried out.The following factors have the greatest impact on it: floating rate of ruble,increase of a rate of refinancing,oil depreciation,and lack of possibility of refinancing of external debts.The ways of development of the Russian economy under the current circumstances,recommendations and proposals are considered,the implementation of which will have positive impact on stabilization of ruble exchange rate and an economic situation of Russia in general.