Labor Compensation: Earnings: All Activities: Monthly for Russia
Russian Ruble, Monthly level, Monthly, Not Seasonally Adjusted
LCEATT03RUM664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55,639.00
Year-over-Year Change
12.92%
Date Range
1/1/1996 - 11/1/2021
Summary
This economic trend measures the monthly level of the Russian ruble exchange rate, which is crucial for understanding Russia's international trade and financial position.
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
The Russian ruble exchange rate is an important indicator of the strength and stability of the Russian economy. Economists and policymakers closely monitor this trend to assess Russia's competitiveness, capital flows, and exposure to external shocks.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
The ruble exchange rate is a key input for analyzing Russia's monetary policy and economic performance.
Key Facts
- The Russian ruble is the official currency of the Russian Federation.
- The ruble exchange rate is heavily influenced by global energy prices and geopolitical factors.
- Russia's central bank actively manages the ruble's value to support economic stability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly level of the Russian ruble exchange rate, which reflects the value of the ruble relative to other major currencies.
Q: Why is this trend relevant for users or analysts?
A: The ruble exchange rate is a crucial indicator of Russia's economic performance and international competitiveness, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The ruble exchange rate is a key input for Russia's monetary policy and is closely monitored by the country's central bank to support economic stability and growth.
Q: Are there update delays or limitations?
A: The ruble exchange rate data is published monthly, with some potential for minor delays in data availability.
Related Trends
Bank Credit to Bank Deposits for Russian Federation
DDSI04RUA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Russia
RUSCPGRLE01GYM
Life Expectancy at Birth, Total for the Russian Federation
SPDYNLE00INRUS
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Russia
RUSCP040000IXOBM
Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Russian Federation
RUSFCACNUM
Value of Exports to Russia from Kentucky
KYRUSA052SCEN
Citation
U.S. Federal Reserve, Russian Ruble, Monthly level (LCEATT03RUM664N), retrieved from FRED.