Bank of Russia

Bank of Russia
Photo: Kuba/Wikimedia Commons
Brief History

The bank was established by the law on the Central Bank of the Russian Federation (Bank of Russia) passed by the Russian Supreme Soviet in December 1990. The constitution, approved in December 1993, affirmed that the main objective of the central bank is to protect the stability of the ruble. The basic functions of the bank are to protect the ruble and ensure its stability, to develop and strengthen the banking system and to ensure the effective and uninterrupted functioning of

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