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Russia Inflation Rate YoY
Russia's consumer price index has two major categories: food and non-alcoholic beverages (30% of the overall weight), and transportation (14% of the total weight). Clothing and footwear (11%), housing, water, electricity, gas, and other fuels (11%), recreation and cultural activities (6%), alcoholic beverages and tobacco goods (6%), and household appliances (6%) are also included in the index (6%). 16% of the total weight is accounted for by the following sectors: health, communication, education, hotels, restaurants, and other products and services.
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 -778659 pips |
88.6463 -107804 pips |
77.86588 |
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 | 78 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 | 114 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 | 149 days ago
