Monetary Aggregates and Their Components: Broad Money and Components: M3 for Russia
Russian Ruble, Annual, Seasonally Adjusted
MABMM301RUA189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85,614,721,416,666.70
Year-over-Year Change
313.48%
Date Range
1/1/1996 - 1/1/2022
Summary
This economic trend measures the annual, seasonally adjusted exchange rate of the Russian ruble against the U.S. dollar. It is a key indicator of Russia's economic conditions and global trade dynamics.
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, Annual, Seasonally Adjusted series tracks the yearly average exchange rate between the Russian ruble and the U.S. dollar, adjusted for seasonal variations. This metric provides insight into Russia's economic performance, currency valuation, and international trade competitiveness.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on official exchange rate information.
Historical Context
Economists and policymakers monitor this trend to assess Russia's macroeconomic health and its position in global markets.
Key Facts
- The Russian ruble is the official currency of Russia.
- Russia is one of the world's largest exporters of oil and natural gas.
- Exchange rate fluctuations can impact Russia's trade balance and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted exchange rate of the Russian ruble against the U.S. dollar, providing insight into Russia's currency valuation and economic performance.
Q: Why is this trend relevant for users or analysts?
A: The ruble exchange rate is a key indicator of Russia's economic conditions and global trade dynamics, making it relevant for economists, policymakers, and investors analyzing Russia's macroeconomic health and international competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on official exchange rate information.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor the ruble exchange rate to assess Russia's macroeconomic health and its position in global markets, which can inform trade policies, currency interventions, and other economic decisions.
Q: Are there update delays or limitations?
A: The data is published annually and may be subject to revisions or delays in reporting by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Russian Ruble, Annual, Seasonally Adjusted (MABMM301RUA189S), retrieved from FRED.