THE ESSENCE OF THE MONETARY SYSTEM OF THE RUSSIAN FEDERATION
Journal: Science Journal "NovaInfo" (Vol.2, No. 57)Publication Date: 2016-12-30
Authors : Abzalova Olga Sergeevna; Zaripova Gulnara Maratovna;
Page : 228-233
Keywords : SYSTEM COMPONENTS; FOREIGN EXCHANGE REGULATION; THE CURRENCY SYSTEM;
Abstract
The currency of the Russian Federation system is a form of organization and regulation of currency relations enshrined in national legislation. In accordance with the Federal Law "On the Central Bank of Russian Federation (Bank of Russia)," the official monetary unit (currency) of the Russian Federation is the ruble - legal tender, must be accepted at face value on the entire territory of the Russian Federation.
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