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Russia Business Confidence
A measure of manufacturing confidence in Russia is the Business Confidence Index. According to the index, actual demand levels finished product (with the opposite sign) and predicted changes in output over the following three months are all calculated as arithmetic average balances of assessments. Executives who are optimistic and those who are pessimistic are measured the difference in the index. The index has a range of values from -100 (all responding entities rate their present condition as poor and expect it to deteriorate) to 100 (all participants rate their current status as satisfactory and expect it to improve), zero indicates indifference.
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 -780722 pips |
88.6463 -105741 pips |
78.07215 |
News (RUB)
Russia Holds Key Interest Rate As Expected
The Bank of Russia left its interest rate unchanged as widely expected on Friday, despite high inflationary pressures. The board of directors, governed by Elvira Nabiullina, maintained the key interest rate at a record high 21.00 percent. The Russian central bank has raised the key interest rate by 1,350 basis points since July 2023.
RTTNews | 75 days ago
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 | 110 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 | 145 days ago
