Monetary Aggregates and Their Components: Broad Money and Components: M3 for Russia
Russian Ruble, Quarterly, Not Seasonally Adjusted
MABMM301RUQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89,722,866,666,666.70
Year-over-Year Change
42.46%
Date Range
7/1/1995 - 10/1/2022
Summary
This economic trend measures the quarterly exchange rate of the Russian ruble against the U.S. dollar on a non-seasonally adjusted basis. It is a key indicator for evaluating Russia's economic and geopolitical standing.
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 a fundamental measure of the value of Russia's currency relative to other major global currencies, particularly the U.S. dollar. This data series provides a quarterly snapshot of the ruble's performance, which is closely watched by economists, investors, and policymakers.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Historical Context
The ruble exchange rate is a critical economic indicator used to assess Russia's trade balance, inflation, and overall economic health.
Key Facts
- The Russian ruble has experienced significant volatility in recent years.
- The ruble's value is influenced by oil prices, economic sanctions, and geopolitical tensions.
- Monitoring the ruble exchange rate is crucial for understanding Russia's economic and trade dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly exchange rate of the Russian ruble against the U.S. dollar on a non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The ruble exchange rate is a critical indicator for evaluating Russia's economic and geopolitical standing, as it reflects the country's trade balance, inflation, and overall economic health.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on market exchange rates.
Q: How is this trend used in economic policy?
A: The ruble exchange rate is closely monitored by economists, investors, and policymakers to assess Russia's economic and trade dynamics, as well as the potential impact of economic sanctions and geopolitical events.
Q: Are there update delays or limitations?
A: The data is published quarterly, so there may be a delay in reflecting the most recent exchange rate movements.
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Citation
U.S. Federal Reserve, Russian Ruble, Quarterly, Not Seasonally Adjusted (MABMM301RUQ189N), retrieved from FRED.