Bank of Russia
The Bank of Russia is the central bank of the Russian Federation. It conducts monetary policy, issues the ruble, and oversees the banking system.
It operates payment and settlement infrastructure, including RTGS systems, and manages foreign reserves. Official site: Bank of Russia.
Related Terms
Central Bank
A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...
RUB
Russian Ruble
RUB is the official currency of the Russian Federation. It is issued by the Bank of Russia and is su...
Interest
Interest is the cost of borrowing money or the return earned on deposited funds, typically expressed...
RTGS
Real-Time Gross Settlement
RTGS is a funds transfer system where money moves from one bank to another on a real-time and gross ...
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