Abstract
The author of this article continues his investigation (see his previous article in Herald of the RAS, 2013, No. 1) of the functioning of the common European currency. The subject matter under review is, on the one hand, the euro rate dynamics during the internationalization of this monetary unit and, on the other hand, the specific case of how the euro is becoming an international currency by the example of Russia. The author’s objective is to reveal the consequences of using the euro in various segments of the Russian market for the Russian economy, as well as for the international status of the common European currency.
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