Industry WIKI

Russia's monetary reform of 1993 took place from 26 July to 7 August 1993.

The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries.

Russia launched a monetary reform on January 1, 1998. Preparation started in August 1997. Replacement of the old banknotes occurred gradually, until 2002.

The Yeltsin–Gaidar government reforms (Russian: Реформы правительства Ельцина — Гайдара), known also as the Gaidar reforms are the changes in the economy of Russia and public administration system carried out by the Cabinet of Boris Yeltsin and Yegor Gaidar from January 2 to December 15, 1992.