Monetary Aggregates and Their Components: Broad Money and Components: M3 for Russia

Russian Ruble, Quarterly, Seasonally Adjusted

MABMM301RUQ189S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

95,080,303,310,000.00

Year-over-Year Change

47.19%

Date Range

4/1/1995 - 1/1/2023

Summary

The Russian Ruble, Quarterly, Seasonally Adjusted series tracks the exchange rate between the Russian ruble and the U.S. dollar on a quarterly basis with seasonal adjustments. This metric is closely monitored by economists and policymakers to assess Russia's economic performance and international 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, Quarterly, Seasonally Adjusted series provides the exchange rate between the Russian national currency and the U.S. dollar, reported on a quarterly schedule with seasonal adjustments. This data point is a key indicator of Russia's economic health, trade competitiveness, and the strength of the ruble relative to major global currencies.

Methodology

The data is collected by the U.S. Federal Reserve through direct observation of foreign exchange markets.

Historical Context

The ruble exchange rate is a crucial input for economists, investors, and policymakers analyzing Russia's economic and geopolitical position.

Key Facts

  • The Russian ruble is the official currency of the Russian Federation.
  • Russia is one of the world's largest economies and a major global energy exporter.
  • Exchange rate fluctuations can significantly impact Russia's trade balance and domestic inflation.

FAQs

Q: What does this economic trend measure?

A: The Russian Ruble, Quarterly, Seasonally Adjusted series tracks the exchange rate between the Russian ruble and the U.S. dollar on a quarterly basis, with seasonal adjustments applied.

Q: Why is this trend relevant for users or analysts?

A: The ruble exchange rate is a crucial indicator of Russia's economic performance, trade competitiveness, and the strength of its currency relative to major global counterparts. It is closely monitored by economists, investors, and policymakers.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Federal Reserve through direct observation of foreign exchange markets.

Q: How is this trend used in economic policy?

A: The ruble exchange rate is a key input for economists, investors, and policymakers analyzing Russia's economic and geopolitical position, including its trade balance, inflation, and overall competitiveness.

Q: Are there update delays or limitations?

A: The data is reported on a quarterly basis, with seasonal adjustments applied. There may be occasional delays in data availability or revisions to previously reported figures.

Related Trends

Citation

U.S. Federal Reserve, Russian Ruble, Quarterly, Seasonally Adjusted (MABMM301RUQ189S), retrieved from FRED.