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 <front>
  <journal-meta>
   <journal-id journal-id-type="publisher-id">JOURNAL OF REGIONAL AND INTERNATIONAL COMPETITIVENESS</journal-id>
   <journal-title-group>
    <journal-title xml:lang="en">JOURNAL OF REGIONAL AND INTERNATIONAL COMPETITIVENESS</journal-title>
    <trans-title-group xml:lang="ru">
     <trans-title>Журнал региональной и международной конкурентоспособности</trans-title>
    </trans-title-group>
   </journal-title-group>
   <issn publication-format="online">2782-1927</issn>
  </journal-meta>
  <article-meta>
   <article-id pub-id-type="publisher-id">93389</article-id>
   <article-id pub-id-type="doi">10.52957/2782-1927-2024-5-4-33-38</article-id>
   <article-categories>
    <subj-group subj-group-type="toc-heading" xml:lang="ru">
     <subject>NATIONAL COMPETITIVENESS</subject>
    </subj-group>
    <subj-group subj-group-type="toc-heading" xml:lang="en">
     <subject>NATIONAL COMPETITIVENESS</subject>
    </subj-group>
    <subj-group>
     <subject>NATIONAL COMPETITIVENESS</subject>
    </subj-group>
   </article-categories>
   <title-group>
    <article-title xml:lang="en">Realization of foreign exchange risk in Russia as a result of sanctions’ impact</article-title>
    <trans-title-group xml:lang="ru">
     <trans-title>Реализация валютного риска в России как эффект санкционного воздействия</trans-title>
    </trans-title-group>
   </title-group>
   <contrib-group content-type="authors">
    <contrib contrib-type="author">
     <contrib-id contrib-id-type="orcid">https://orcid.org/0009-0006-2643-0879</contrib-id>
     <name-alternatives>
      <name xml:lang="ru">
       <surname>Лёгкий</surname>
       <given-names>Игорь Павлович</given-names>
      </name>
      <name xml:lang="en">
       <surname>Legky</surname>
       <given-names>Igor Pavlovich</given-names>
      </name>
     </name-alternatives>
     <email>232672@edu.fa.ru</email>
     <xref ref-type="aff" rid="aff-1"/>
    </contrib>
    <contrib contrib-type="author">
     <contrib-id contrib-id-type="orcid">https://orcid.org/0000-0003-3669-0667</contrib-id>
     <name-alternatives>
      <name xml:lang="ru">
       <surname>Кузнецов</surname>
       <given-names>Алексей Владимирович</given-names>
      </name>
      <name xml:lang="en">
       <surname>Kuznecov</surname>
       <given-names>Aleksey Vladimirovich</given-names>
      </name>
     </name-alternatives>
     <email>kuznetsov0572@mail.ru</email>
     <bio xml:lang="ru">
      <p>доктор экономических наук;</p>
     </bio>
     <bio xml:lang="en">
      <p>doctor of economic sciences;</p>
     </bio>
     <xref ref-type="aff" rid="aff-1"/>
    </contrib>
   </contrib-group>
   <aff-alternatives id="aff-1">
    <aff>
     <institution xml:lang="ru">Финансовый университет при Правительстве Российской Федерации</institution>
     <city>Moscow</city>
     <country>Россия</country>
    </aff>
    <aff>
     <institution xml:lang="en">Federal State Budgetary Educational Institution of Higher Education &quot;Financial University under the Government of the Russian Federation&quot; Vladikavkaz Branch</institution>
     <city>Moscow</city>
     <country>Russian Federation</country>
    </aff>
   </aff-alternatives>
   <pub-date publication-format="print" date-type="pub" iso-8601-date="2025-02-24T18:59:58+03:00">
    <day>24</day>
    <month>02</month>
    <year>2025</year>
   </pub-date>
   <pub-date publication-format="electronic" date-type="pub" iso-8601-date="2025-02-24T18:59:58+03:00">
    <day>24</day>
    <month>02</month>
    <year>2025</year>
   </pub-date>
   <volume>5</volume>
   <issue>4</issue>
   <fpage>33</fpage>
   <lpage>38</lpage>
   <history>
    <date date-type="received" iso-8601-date="2024-12-10T00:00:00+03:00">
     <day>10</day>
     <month>12</month>
     <year>2024</year>
    </date>
    <date date-type="accepted" iso-8601-date="2024-12-18T00:00:00+03:00">
     <day>18</day>
     <month>12</month>
     <year>2024</year>
    </date>
   </history>
   <self-uri xlink:href="https://chemintech.ru/en/nauka/article/93389/view">https://chemintech.ru/en/nauka/article/93389/view</self-uri>
   <abstract xml:lang="ru">
    <p>Статья посвящена анализу реализации валютного риска в России в связи с введением санкций в 2022 году. Экономические санкции 2022 года оказали большое влияние на российскую экономику в целом, и валютный риск представляет собой одну из крупнейших угроз в случае его реализации без надлежащих контрмер, поскольку это влияет как на международную торговлю, так и на стоимость капитала, прежде всего в виде сбережений. Фундаментальный характер этого риска делает крайне важным понимание основных последствий его реализации и способов смягчения его негативного воздействия, особенно в связи с его широким распространением во всех секторах экономики. Таким образом, цель нашего исследования — проанализировать, как реализация валютного риска повлияла на российскую экономику с февраля 2022 года и насколько эффективны были меры, принятые правительством для борьбы с ним. Задачами данного исследования являются: определение категории валютного риска и его источников; анализ влияния санкций оказали на реализацию валютного риска; анализ мер, предпринятых для минимизации последствий реализации валютного риска. Для проведения исследования использованы статистические данные Центрального банка Российской Федерации. Авторы обращают внимание на то, что, несмотря на положительную динамику в краткосрочной перспективе, долгосрочный период представляет неопределенность и риски, среди которых снижение курса российского рубля к доллару США, продолжающееся в настоящий момент.</p>
   </abstract>
   <trans-abstract xml:lang="en">
    <p>The article is focused on the analysis of realization of foreign exchange risk in Russia due to the imposing of sanctions of 2022. The economic sanctions of 2022 have had a big impact on Russian economy in its entirety, and FX risk presents one of the biggest threats in case of its realization without proper countermeasures as it affects both international trade and capital value, primarily in the form of savings. This fundamental nature of this risk makes it crucial to understand its main points of effect and how to mitigate its negative impact, especially due to its wide spread across all sectors of the economy. Thus, the goal of our research is to analyze how FX risk has impacted Russian economy since February of 2022 and how efficient were the measures taken by the government to fight it. The objectives of this research are to: define the category of FX risk and where it comes from; analyze what impact has sanctions played in the realization of FX risk; analyze what measures have been taken to minimize the consequences of FX risk realization. To carry out the research, statistical data of the Central Bank of the Russian Federation were used. The authors draw attention to the fact that, despite the positive dynamics in short term, long term is uncertain and presents certain risks, amongst which is the currently decreasing value of Russian ruble to US dollar.</p>
   </trans-abstract>
   <kwd-group xml:lang="ru">
    <kwd>валютный риск</kwd>
    <kwd>обменный курс</kwd>
    <kwd>валюта</kwd>
    <kwd>санкции</kwd>
    <kwd>риск-менеджмент</kwd>
   </kwd-group>
   <kwd-group xml:lang="en">
    <kwd>foreign exchange risk; exchange rate; currency; sanctions; risk management</kwd>
   </kwd-group>
  </article-meta>
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