International Reserves in Russia

Russia International Reserves | Economic News & Forecasts

Russia - International Reserves

Growth hit a six-year high in 2018, driven by a strengthening external sector and booming construction activity at home. Adding to the positive news, on 8 February, Moody’s upgraded Russia’s credit rating from Ba1 to Baa3 with a stable outlook, raising it to investment grade. Against this backdrop, on 20 February, President Vladimir Putin delivered his annual state-of-the-nation speech. Amid still-weak growth and his tumbling approval ratings, the address was largely devoted to domestic issues. The President pledged to boost social spending through housing subsidies, tax breaks and higher child support payments. Meanwhile, available data signals weaker momentum in Q1: Growth likely moderated in January amid cooling activity in the manufacturing and construction sectors, and softer consumer demand following a rise in the VAT at the beginning of the year.

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 Yield8.460.13 %Mar 11
Exchange Rate65.96-0.12 %Mar 11
Stock Market2,466-1.03 %Mar 11

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