Prospects for the Russian Ruble to Become Regional Reserve Currency

Pavel Trunin and Sergey Narkevich

Working Papers from Gaidar Institute for Economic Policy

Abstract: 2007-2009 global financial crisis demonstrated that financial markets of major countries can be subject to the large scale system shocks. One of the manifestations of the crisis was the slump of the global trade and significant capital outflow from the emerging markets. This papers deals with the issue of the Russian ruble becoming a regional reserve currency.

Keywords: Russian economy; financial crisis; reserve currency; regional reserve currency; Russian ruble (search for similar items in EconPapers)
JEL-codes: E42 E44 E58 F31 F33 F36 F42 F55 G15 (search for similar items in EconPapers)
Pages: 102 pages
Date: 2013, Revised 2015
New Economics Papers: this item is included in nep-cba, nep-cis, nep-mac and nep-mon
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https://www.iep.ru/files/RePEc/gai/wpaper/118Trunin.pdf Revised version, 2015 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:wpaper:118

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