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Total assets of the central bank in Russia 2002-2017
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Total assets of the central bank in Russia 2002-2017
Total assets of the central bank in Russia from 2002 to 2017 (in billion U.S. dollars)
by James Cherowbrier,
last edited
Jun 26, 2019
This statistic illustrates the value development of assets for the central bank in Russia from 2002 to 2017. Total assets of Russia's central bank have increased from 37 billion U.S dollars in 2002 to approximately 532.6 billion U.S dollars in 2017.
Central banks play an important role in preventing a country's banking system from failing. The main function of a central bank is to control inflation by providing stability of its currency. They also provide a country's economy funds when commercial banks cannot cover the need. The central bank is also the sole producer and contributor of a nations banknotes and coins as well as acting as its regulatory authority for monetary policies.
Total assets of the central bank in Russia from 2002 to 2017 (in billion U.S. dollars)
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by James Cherowbrier,
last edited
Jun 26, 2019
This statistic illustrates the value development of assets for the central bank in Russia from 2002 to 2017. Total assets of Russia's central bank have increased from 37 billion U.S dollars in 2002 to approximately 532.6 billion U.S dollars in 2017.
Central banks play an important role in preventing a country's banking system from failing. The main function of a central bank is to control inflation by providing stability of its currency. They also provide a country's economy funds when commercial banks cannot cover the need. The central bank is also the sole producer and contributor of a nations banknotes and coins as well as acting as its regulatory authority for monetary policies.
- Show sources information
- Show publisher information
- Release date
- February 2019
- Region
- Russia
- Survey time period
- 2002 to 2017
- Supplementary notes
-
The source adds further comments: "Banks refer to the broader category of Deposit-taking Institutions. Financial assets when available, otherwise total assets. In case of missing data in a time series, values were not inter- or extrapolated. Converted to U.S. dollars using the end of the period market exchange rates."
Source
- Show sources information
- Show publisher information
- Release date
- February 2019
More information
- Region
- Russia
- Survey time period
- 2002 to 2017
- Supplementary notes
-
The source adds further comments: "Banks refer to the broader category of Deposit-taking Institutions. Financial assets when available, otherwise total assets. In case of missing data in a time series, values were not inter- or extrapolated. Converted to U.S. dollars using the end of the period market exchange rates."
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