Prospects of Development of International Currency Unions

Abstract

The article is devoted to the analysis of results of 20 years' functioning of euro a zone as possible example for creation of the Eurasian currency union and as most vulnerable part of world economy concerning the current system crisis. Prospects of its development are outlined. The interrelation of course dynamics between currencies of the different countries is shown. Possible consequences of system crisis and the international sanctions on stability of economy of Russia and actually ruble exchange rate are presented. The role and the place of concrete world currencies in currency reserves of the central banks are described.