Central Bank of Russia
Central Bank of The Russian Federation / From Wikipedia, the free encyclopedia
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The Central Bank of the Russian Federation (Russian: Центральный банк Российской Федерации), which brands itself as Bank of Russia (Russian: Банк России)[4][5] and is also commonly referred to in English as the Central Bank of Russia (CBR),[6][7][8] is the central bank of the Russian Federation. The bank was established on July 13, 1990.[8] It claims the legacy of the State Bank of the Russian Empire (1860-1920) and of the Soviet Gosbank (1921-1992), even though both institutions covered a significant larger territorial scope.[9]
Headquarters | 12 Neglinnaya str., Moscow, Russian Federation |
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Coordinates | 55°45′47″N 37°37′17″E |
Established | July 13, 1990; 33 years ago (1990-07-13) (Bank of RSFSR) December 25, 1991; 32 years ago (1991-12-25) (current name) |
Governor | Elvira Nabiullina |
Central bank of | Russia[1] |
Currency | Russian ruble RUB (ISO 4217) |
Reserves | 608.2 billion USD (As of 9 April 2022[update])[2] |
Reserve requirements | International Reserves |
Bank rate | 16.0% [3] |
Preceded by | State Bank of the USSR (between 1922 and 1991) |
Website | cbr.ru/eng |
The bank is headquartered on Neglinnaya Street in Moscow. Its functions are described in the Constitution of Russia (Article 75)[10] and in federal law.[citation needed]