Currency system of Russia.

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Russian monetary system has evolved over the years, since the inception of the state.These systems replace each other, because over time the funds are changing their functions.At the beginning of the creation of the Russian Empire in circulation was gold, now it pushed the currency types of cardboard and credit savings.

Russian monetary system provides for an appeal of a particular currency and the value of different types of scale.The monetary unit - is established by the state symbol of money, measured in terms of its prices for the different products.

Today Russian monetary system is quite stable.There is no gold standard credit and paper money, ie the banknotes unchanged for gold.There is quite a stable transition mechanism for credit funds, which are converted into paper money.In currency handling cashless means prevalent.Adjustment of money in circulation is carried out by special bodies of the Russian Federation.

Russian monetary system began to take shape after the collapse of the Soviet Union.Now she works in accordance with the law, which was developed in 1995.The monetary unit is the ruble.Other units enter strictly prohibited.The law does not oblige to correlate the ruble to gold.The ruble to the currencies of other countries, set by the Central Bank of Russia.There are in our territory iron coins and banknotes.The Central Bank approves currency symbols, in the case of the issuance of new notes, this information is distributed to the public media.

Only the Central Bank has the right to issue and withdraw from circulation banknotes.He also deals with the establishment of the ruble relative to other funds.Counterfeit banknotes is punishable by law.Currently, officially authorized the use of banknotes, coins, as well as non-cash assets, such as bank accounts and cards.

national monetary system is strictly governed by the laws of the Russian Federation on the 95th, "On the Central Bank of the Russian Federation", and these additions and changes to them.

If the bill were declared null and void, they can not be exchanged for new before the appointed time.It may be from 1 to 5 years.New banknotes are produced in strict accordance with the amount of currency withdrawn.

monetary system of the Russian Federation sets monetary unit, the metal, the order of appeal and minting money.The basis of the system is the metal that performs the function of general equivalent.At the beginning of the XX century in the capitalist countries it was silver, which replaced the gold.

national currency began to take shape in the 16-17th centuries during the adoption of capitalism and the development of public markets.The monetary system almost every country includes the following: a specific type or types of funds, currency unit, the system issue and the scale of prices.The name of the currency is determined by the state.The scale of prices - is an expression of the price of goods by a certain weight of the precious metal in the same currency.