Vol. 47 No. 5 (2017)
FINANCIAL ECONOMY

The Purchasing Power of the Ruble

A. Mironkina
Smolensk State Agricultural Academy
Bio

Published 2019-04-19

Keywords

  • RUBLE,
  • SOVIET RUBLE,
  • RUSSIAN RUBLE,
  • MONETARY UNIT,
  • THE COEFFICIENT OF CHANGES IN THE PURCHASING POWER OF THE RUBLE

How to Cite

1.
Mironkina А. The Purchasing Power of the Ruble. ECO [Internet]. 2019 Apr. 19 [cited 2024 Nov. 22];47(5):153-9. Available from: https://ecotrends.ru/index.php/eco/article/view/3726

Abstract

The article describes the procedure for determining the purchase value of the Soviet ruble in the current Russian rubles. The method of calculation proposed by the author include: analysis of industrial and food consumer market of the last years of socialism and of our time; the collection of data on prices for goods and tariffs for services in the city of Smolensk in 1990 and in 2017; calculation of the binding parameter between the currencies of the USSR and Russia - the rate of change in the purchasing power of the ruble. The author outlines the directions of application of the average rate of change in the purchasing power of the ruble.

References






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