The importance of the Bank of Russia in ensuring the stability of the financial system

Subject. This article examines the significance of the Bank of Russia in the financial system of Russia. Objectives. The article aims to identify the role of the Bank of Russia in ensuring the stability of the country’s financial system. Methods. For the study, I used the methods of data analysis and synthesis, and a correlation and regression analysis. Results. The article describes the Bank of Russia's activities and efforts to ensure and support the stability of Russia's banking and financial systems through applying a wide range of specific measures. Conclusions. The revealed role of the Bank of Russia in ensuring the stability of the financial system reduces the need for its numerous statements on the key interest rate for the expert community.