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Russia Balance of Trade
Since 1998, Russia has maintained consistent trade surpluses, partly as a result of the country's large exports of commodities such as crude oil and natural gas. Oil prices plummeted and European and United States sanctions on Russia over the Ukraine crisis contributed to a major reduction in trade surpluses in 2015. The Netherlands, Turkey, Italy, and Japan had the largest trade surpluses in 2015. China, the United States, and France were the countries with the largest trade deficits.
A higher than expected figure should be seen as positive (bullish) for the RUB while a lower than expected figure should be seen as negative (bearish) for the RUB.
Forex Sentiment (RUB)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDRUB |
|
|
0 -915413 pips |
88.6463 +28950 pips |
91.54129 |
News (RUB)
Russia Keeps Interest Rate At Record High
The Bank of Russia retained its interest rate at a record high as inflationary pressures remained high. The board of directors, governed by Elvira Nabiullina, left the key interest rate unchanged at a record 21.00 percent. The central bank has raised the key interest rate by 1,350 basis points since July 2023.
RTTNews | 4 days ago
Russia Keeps Key Interest Rate Unchanged At Record High 21%
The Bank of Russia retained its interest rate at a record high for the second consecutive meeting on Friday and kept the door open for further rate hike as inflationary pressures remain high. The board of directors, governed by Elvira Nabiullina, maintained the key interest rate at a record 21.00 percent.
RTTNews | 39 days ago
Russia Central Bank Unexpectedly Holds Key Rate
Russia's central bank left its benchmark interest rate unchanged on Friday, confounding expectations for a sharp hike.
RTTNews | 95 days ago
