Current Instability in the Monetary and Credit System of Russia
Current Instability in the Monetary and Credit System of Russia

Summary/Abstract: The current geopolitical and international economic situations are changing at a high speed and leading to multi- faceted changes of individual economies. Russia is now experiencing isolation in political and economic spheres, which has led to the assertion of its political position on the international arena. The dead- end relationship between Russia and the West has led to the sanction wars that negatively influence the state and development of the monetary system and the banking sector of the Russian Federation. This work is devoted to the analysis and evaluation of the impact of the sanctions approved by the Western countries against Russia on its monetary and banking systems.

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