International Reserves in Russia

Russia International Reserves | Economic News & Forecasts

Russia - International Reserves

The 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

2013  2014  2015  2016  2017  
International Reserves (USD)511  385  368  378  433  

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Russia International Reserves Chart

Russia International Reserves
Note: International reserves in months of imports.
Source: Central Bank of the Russian Federation (CBR).

Russia Facts

Bond Yield8.640.13 %Nov 15
Exchange Rate68.00-0.12 %Nov 15
Stock Market2,381-1.03 %Nov 15

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