Borisov Stanislav
Rouble – the Currency of Russia. Moscow, Konsaltbankir Publishers, 2004.
Publication Type:

ISBN 5-85187-117-2

The NEP chervonets was created upon the pattern of the Russian gold ruble but why didn’t it become a legal tender? What are the advantages and disadvantages of a currency monopoly? Is the transferable ruble a real or “virtual” currency? How did the dollar penetrate Russia’s economy? Why was the default of 1998 inevitable? The answers to these and many other questions of the dramatic history of Russian money are offered in the book which embraces the period of over a hundred years – from the times of Count Witte to the present day.

Keywords: currency monopoly | default | money |


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