International Reserves in Russia
Russia - International ReservesThe recovery is expected to have lost steam in the third quarter, after growth accelerated notably in the second quarter. While a solid performance by the industrial and energy sectors likely buttressed momentum—the Ural oil price rose to the highest level seen since October 2014 in September and the manufacturing PMI hit a five-month high in the same month—a weak grain harvest, downbeat consumer sentiment and sanctions-related spillovers likely prevented a stronger pick-up. Consumer sentiment plunged in the third quarter in the aftermath of the government’s unpopular hike in the retirement age, and imports contracted for the first time in over two years in August—likely signaling weak domestic demand. Despite a public outcry, President Vladimir Putin finalized the rise in the retirement age on 3 October, signing the bill into law. His popularity has plummeted because of the reform and his party lost three regional governorships in recent elections.
Russia - International Reserves Data
|International Reserves (USD)||511||385||368||378||433|
5 years of economic forecasts for more than 30 economic indicators.
Russia International Reserves Chart
Source: Central Bank of the Russian Federation (CBR).
|Bond Yield||8.64||0.13 %||Nov 15|
|Exchange Rate||68.00||-0.12 %||Nov 15|
|Stock Market||2,381||-1.03 %||Nov 15|
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November 7, 2018
In October, consumer prices rose 0.4% from the previous month, above the 0.2% growth recorded in September.
October 26, 2018
At its 26 October meeting, the Board of Directors of the Central Bank of the Russian Federation (CBR) decided to leave the key interest rate unchanged at 7.50%, matching market analysts’ expectations.
October 24, 2018
Industrial output growth lost steam in September, according to the Federal State Statistics Service (Rosstat).
October 19, 2018
Merchandise exports totaled USD 37.4 billion in August, which represented a healthy 28.7% expansion from the USD 29.1 billion sum recorded in the same month last year.
October 17, 2018
According to a statement by the Economy Ministry, the Russian economy lost steam in the third quarter.