Subject. The article addresses lending to the economy, gold and foreign exchange reserves, savings, and the securities market. Objectives. The purpose is to identify factors that have the greatest impact on the financial stability of the Russian economy in the context of international sanctions. Methods. The study employs methods of statistical analysis. Results. The most important parameter influencing the stability of the Russian economy is the ratio of real cash income (on average per capita) to the price of gold. Conclusions. The findings can be used in the process of introducing the digital ruble.
Keywords: bank liquidity, cash income, debt securities, gold price, digital ruble
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