Central Bank of Russia

The Central Bank of the Russian Federation (Russian: Центральный банк Российской Федерации), which brands itself as Bank of Russia (Russian: Банк России) and is also commonly referred to in English as the Central Bank of Russia (CBR), is the central bank of the Russian Federation. The bank was established on July 13, 1990. 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.

Central Bank of the Russian Federation
Центральный банк Российской Федерации
Head office, erected in 1894 as Moscow branch of the State Bank of the Russian Empire
Headquarters12 Neglinnaya str., Moscow, Russian Federation
Coordinates55°45′47″N 37°37′17″E
EstablishedJuly 13, 1990 (1990-07-13) (Bank of RSFSR)
December 25, 1991 (1991-12-25) (current name)
PresidentElvira Nabiullina
Central bank of Russia
CurrencyRussian ruble
RUB (ISO 4217)
Reserves608.2 billion USD (As of 9 April 2022)
Reserve requirementsInternational Reserves
Bank rate16.0%
Preceded byState Bank of the USSR (between 1922 and 1991)
Websitecbr.ru/eng

The bank is headquartered on Neglinnaya Street in Moscow. Its functions are described in the Constitution of Russia (Article 75) and in federal law.

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