Today different sources in different ways determined by the central bank, but no one doubts that in the economy of every country, without exception, the institution carries out a variety of complex functions that are crucial for the existence of commodity-money relations.Quite often, the Central Bank and its function is considered an abstract phenomenon, since most seemingly, does not interfere with the organization of the state has never in his life.However, it is actually quite the opposite!The simplest example - the money that we use almost every day: they are one of the results of operations of the Central Bank.
Central Bank of Russia belongs to the state and regulates all other banking institutions in the country.Also, the Bank of Russia performs supervision over the work of other financial institutions, not only in terms of quality of services provided, but also in compliance with their performance of the current regulatory framework.Commercial banks take into account the wishes of his work, which gives the Central Bank of Russia, and its functions in the issuance of the relevant recommendations can carry only economic impact.Only in rare cases, a threat to the economic stability of the country, the Central Bank has the right to apply administrative measures.
Russian Constitution defines the term "central bank" and its functions are specified in the provisions of this document.The Law on the Central Bank and other regulatory legal acts provides a more detailed description of the features of the Central Bank, depending on the economic situation may have potential.
Central Bank of the Russian Federation and its functions constitute a single set of centralized financial management system in the country.The central bank is not only because of the central office, but also from the territorial divisions, as well as computing and settlement centers, educational establishments, security and unification of collection.
order to stably could any institution, includingand the Central Bank, and its functions are carried out consistently, benefiting the economy, define the organizational structure of the company or the state structure.The supreme administrative body of the Central Bank is the Board of Directors.It is an advisory body which produces guidance and control of the Central Bank.
Board of Directors, based on the recommendations of the Government of Russia, provides and ensures the implementation of monetary policy in a uniform format across the country.In addition, the supreme governing body annually provides to the State Duma a report on the activities of the Central Bank and estimates for the next year.The Board of Directors is authorized to determine the structure of the Central Bank.
Central Bank of Russia - the only structure in the country which granted the right to issue money.That the central bank organizes input and retirement funds all over Russia.Decisions on the issue, denominations and patterns of money takes only the Board of Directors of the Central Bank.
In addition, the Bank of Russia officially represents the interests of our country in relations with the central banks of other countries.The Central Bank is also involved on behalf of Russia in cooperation with various international banks and other economic institutions.
In conclusion, we note once again that the key figure in the country's economy - the central bank, and its functions - a very important component in ensuring the stability of commodity-money relations.
