ALEXEY VEDEV TAKES PART IN A CONFERENCE DEDICATED TO THE DAY OF THE RUSSIAN RUBLE
On July 1, which was the Day of the Russian Ruble, Alexey Vedev, Head of the Financial Studies Department at the Gaidar Institute, participated in the scientific and practical conference “New Architecture of the Monetary and Financial Market and the Prospects for Using the Ruble in International Settlements”, hosted by the Chamber of Commerce and Industry of the Russian Federation.
The conference was organized by the Moscow International Monetary Association (MMVA) and the Financial Commonwealth. It is held annually on July 1, to be participated by eminent researchers, representatives of government regulatory bodies, analysts, macroeconomists, and other independent experts in the field of macroeconomics and monetary markets.
During the session “Legislative and Regulatory Innovations Ensuring the Russian Ruble’s Stability and Efficient Operation of the Domestic Forex Market”, Alexey Vedev spoke in detail about major monetary policy goals and estimated the effects of a weak and strong ruble on the Russian Federation’s economy. In his opinion, the main monetary policy goal was to optimize foreign economic activity, regulate capital flows, ensure financial sustainability, and support competitiveness across industry.
During the session “Legislative and Regulatory Innovations Ensuring the Russian Ruble’s Stability and Efficient Operation of the Domestic Forex Market”, Alexey Vedev spoke in detail about major monetary policy goals and estimated the effects of a weak and strong ruble on the Russian Federation’s economy. In his opinion, the main monetary policy goal was to optimize foreign economic activity, regulate capital flows, ensure financial sustainability, and support competitiveness across industry.