tag:blogger.com,1999:blog-2595455932654799850.post525378339473657164..comments2023-11-02T10:55:07.208+01:00Comments on The Monetary Future: Medvedev Promotes Ruble as World Reserve CurrencyJon Matonishttp://www.blogger.com/profile/04111660030028727950noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2595455932654799850.post-63462047908352101302010-10-21T07:41:55.301+02:002010-10-21T07:41:55.301+02:00Has anyone ever seen George Osborne and Medvedev t...Has anyone ever seen George Osborne and Medvedev together? They look very similar to me!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2595455932654799850.post-50477680481415696842010-07-16T13:38:11.869+02:002010-07-16T13:38:11.869+02:00In creating the Moscow International Finance Cente...In creating the Moscow International Finance Center it would possibly be fesable to legally introduce the regional non-cash unit of accounts-FRU-federal ruble. For more detail, please, adress this author"s Ebook with LuLu (USA)"Modern essays on the history of money in Russis", Goteborg,Sweden,2010Unknownhttps://www.blogger.com/profile/06931399620789176790noreply@blogger.comtag:blogger.com,1999:blog-2595455932654799850.post-41501375882858635462010-07-16T13:30:44.713+02:002010-07-16T13:30:44.713+02:00The issue being discussed in CIS countries at the ...The issue being discussed in CIS countries at the present time is mutual quotations and convertability of Russian ruble and other CIS national currencies in order to foster the critically declined in the crisis conditions mutual regional trade,capital movements and services. So far, major unofficial currency convertors were working on a simple,but rather sound presumption, that us dollar and euro have almost equal demand and are recently equally looked at in potential liquidity in the post-soviet regional territory. Therefore, their approximate arithmetic average in quotations to CIS national currencies already serves as an instrument defining the correlations between the rates of exchanges,or quotations of russian ruble, ukrainian grhivna,kazakh tenge, belarus ruble and other smaller CIS national currencies.The Central Bank of Russia has established the bi-monetary basket in the proportion of 55 us cents and 45 euro cents for monetary regulating purposes. This existing de-facto conditional non-cash unit of acounts during the last several years already has served in fact the regional objective value and price-formation factor.It is, in accordance with previous long-term projections of IMF and IBRR, proposed to be called Federal ruble with the international abbreviation FRU.This unit of accounts may possibly be introduced officially and legally togather as an infrustructural element of creating the Moscow International Finance Center in order to achieve objective and unified evaluation of bonds, stock and shares and to boost regional capital formation and coomodity movements.Evidently, the sought for mutual quotations of CIS currencies may continue to be provided with a help of inderect implementation of the regional unit of accounts.At a later stage,the monetary unit-FRU- may be, upon agreement, officially quoted by CIS central banks. It may be implemeted to define increased regional currency reserves of the CIS Interstate Bank, including national currencies as a part of its liquidity to secure currency exchanges.Thus the model will remind the monetary integration processes in the European Union with some specifics while official negotiating open processes still unfortunately lag behind the evolutionary de-facto developments.<br />For more detail about the history of money in Russia untill the present time, please, adress this author"s Ebook with LuLu (USA)"Modern essays on the history of money in Russia". <br />Thank you.<br />Dr.Valeriy Popyrin<br /><br />Thank you.<br />Dr.Popyrin ValeriyUnknownhttps://www.blogger.com/profile/06931399620789176790noreply@blogger.com