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 -861006 pips |
88.6463 -25457 pips |
86.10058 |
News (RUB)
Russia Central Bank Hikes Rate By 200 Bps
Russia's central bank raised its benchmark rate by 200 basis points on Friday amid rising risks to inflation and slower domestic demand, and also kept the door open for further tightening. The board of directors, led by Governor Elvira Nabiullina, decided to lift the key rate to 18.00 percent from 16.00 percent.
RTTNews | 17h 30min ago
Russia Central Bank Holds Rate Steady At 16%, Signals Hike In July
The Bank of Russia left the key interest rate unchanged for the fourth policy session in a row, in line with expectations, and hinted at a rate hike in the upcoming meeting.
RTTNews | 49 days ago
Bank Of Russia Hikes Rate By 100 Bps
Russia's central bank raised its benchmark rate by 100 basis points on Friday and maintained a hawkish bias as proinflationary risks are assessed to be substantial and the economy exhibits faster than previously envisaged growth. The board of directors of Bank of Russia, headed by Elvira Nabiullina, decided to lift the key rate by 100 basis points to 16.00 percent.
RTTNews | 224 days ago
