Izvestiya of Saratov University.
ISSN 1819-4907 (Print)
ISSN 2542-1913 (Online)

gold and platinum mining

The problem of the gold and foreign exchange reserves of the Soviet state in the 1920–1930s

The article clarifiesthe gold andforeign exchange capabilities ofthe Soviet state, analyzesthe process offormation and use bythe Soviet government of gold-platinum funds of the state budget. On the basis of archival material, the state of the gold reserve, sources of replenishment, and the expenditure of foreign exchange resources are analyzed. The ways of accumulation and export of precious metals from the country, creation of public finances and maneuvering with the available resource are revealed.