Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Russia
Billions of Russian Roubles
CRDQRUAPABIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
197,462.23
Year-over-Year Change
47.81%
Date Range
4/1/1995 - 10/1/2024
Summary
The 'Billions of Russian Roubles' economic trend measures the total value of Russian roubles in billions, providing insight into the overall size and dynamics of the Russian money supply.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total amount of Russian currency in circulation, including cash and bank deposits. It serves as an important indicator of economic activity, monetary policy, and financial stability in Russia.
Methodology
The data is collected and calculated by the Central Bank of Russia.
Historical Context
Economists and policymakers use this trend to analyze Russia's macroeconomic conditions and the effectiveness of monetary policy.
Key Facts
- Russia is the largest economy in Eastern Europe.
- The rouble is the official currency of Russia.
- The Central Bank of Russia manages monetary policy.
FAQs
Q: What does this economic trend measure?
A: The 'Billions of Russian Roubles' trend measures the total value of Russian currency in circulation, including cash and bank deposits.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Russia's overall monetary conditions and economic activity, which is crucial for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Russia.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze Russia's macroeconomic conditions and the effectiveness of the Central Bank's monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published by the Central Bank of Russia with a typical lag of a few weeks.
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Citation
U.S. Federal Reserve, Billions of Russian Roubles (CRDQRUAPABIS), retrieved from FRED.