The Impact of the Country's Trade Balance on the Ruble Exchange Rate
The purpose of the research is the need for the Central Bank of the Russian Federation to develop a model of economic development that would allow setting a fluctuating exchange rate. To achieve this goal, the following tasks were identified: the tasks of the Central Bank of the Russian Federation were identified, operational measures carried out by the regulator were considered, factors affecting the exchange rate of the national currency were studied. The hypothesis of the study is that following the model developed earlier by the Central Bank of the Russian Federation seems to be a simpler solution than searching for models that meet new business conditions. Such scientific research methods as axiomatic, synthesis, measurement, and observation have been used in the work. The achieved results consist in substantiating the provisions on the need for an early transition to a new model of development of the Central Bank of the Russian Federation with a fluctuating exchange rate.