Russian Ruble

The Russian Ruble increased to 35.68 in April from 35.07 in March of 2014. Russian Ruble averaged 24.08 from 1993 until 2014, reaching an all time high of 36.66 in March of 2014 and a record low of 0.98 in August of 1993. The USDRUB spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the RUB. While the USDRUB spot exchange rate is quoted and exchanged in the same day, the USDRUB forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Russian Ruble - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
35.68 35.07 36.66 0.98 35.71 | 2014/05 1993 - 2014 Daily

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Russian Ruble
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Stock Market 1329.11 2014-04-23 1369.29 1969.91 18.53 1383.29 2014-05-31 Index points [+]
Currency 35.68 2014-04-24 35.07 36.66 0.98 35.71 2014-05-31 [+]
Government Bond 10Y 9.17 2014-04-23 8.93 16.33 6.26 8.57 2014-05-31 Percent [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Russia Trade Surplus Narrows Sharply in February  
Russian trade surplus decreased 34 percent in February of 2014 over the previous month to USD 12.43 billion, mainly due to a sharp fall in exports to countries outside the Commonwealth of Independent States. Compared with the same month last year, the surplus narrowed 18.5 percent.
Russian Economy Accelerates in Q4  
In the fourth quarter of 2013, Russian GDP advanced a seasonally adjusted 0.9 percent over the previous quarter. Considering full 2013, the economy expanded 1.3 percent.
Russia Inflation Rate Up to 9-Month High  
In March of 2014, Russian annual inflation rate rose for the second straight month to 6.9 percent, up from 6.2 percent in February, driven by higher cost of milk, fruit, electricity and gas.
Russian GDP Growth Beats Expectations in Q4  
The Russian economy advanced at a faster than expected 2 percent year-on-year in the last three months of 2013, up from a revised 1.3 percent expansion in the previous period. GDP growth in 2013 as a whole was 1.3 percent.
Russia Unemployment Rate Unchanged at 5.6%  
In February of 2014, Russian jobless rate remained steady at 5.6 percent, the same rate recorded in the previous two months.
Russia Trade Surplus Up to 2-Year High  
In the first month of 2014, Russian trade surplus widened to USD 18.86 billion, up from USD 15.8 billion a month earlier and USD 17.21 billion in the same month last year, as imports dropped to the lowest value in three years.
Russia Leaves Rate on Hold at 7%  
At its March 14th, 2014 meeting, Bank of Russia decided to leave the benchmark interest rate unchanged at 7 percent, as inflation risks that brought about an increase in the key rate on March 3rd still apply. The central bank said it does not intend to lower the key rate in the coming months, as its priority is to contain the effect of exchange rate dynamics on consumer prices.
Russia Inflation Rate Edges Up Slightly in February  
Russian annual inflation rate rose slightly to 6.2 percent in February of 2014, from 6.1 percent in the previous month, boosted by higher food and electricity cost.
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LATEST NEWS

Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
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