Which institution is Russia’s central bank, created in its modern form in 1990?

The Central Bank of Russia is Russia’s central bank, created in its modern form in 1990.

The institution was established as the Central Bank of the RSFSR in July 1990 during the final period of the Soviet Union. After the Soviet Union dissolved in 1991, it became the central bank of the Russian Federation and is also commonly called the Bank of Russia.

The Central Bank of Russia issues the ruble, conducts monetary policy, manages international reserves, and regulates important parts of the Russian financial system. Its headquarters are in Moscow.

The name can cause confusion because “Bank of Russia” is a common official short name, while “Central Bank of Russia” is the descriptive English name. Both refer to the same institution, not a separate commercial bank.